Sinkhole Insurance yes no?
 

I know, another thread about sinkhole insurance. But I’m curious as to do most people actually get it if they can. Haven’t found any discussion on that. Do you have it, yes/no, and why?
FYI.... closing on home next month. :)
Thanks!

We’re part time Villagers in Phillips Villas. We have sinkhole insurance as well as flood insurance. Probably won’t need either but we sleep better knowing we have them.

Definitely YES if you can get it.

Yes

Ditto...

Same here, better safe than sorry.:pray:

Have it haven't use it but would not drop it either

All types of insurance policies are gambles including life insurance. It's up to you.

Make sure your not simply talking catastrophic sink hole coverage (every florida should have this) but the wider (and optional)
coverage to include structural damage to include the settling or cracking of a foundation, structure, or building which does not constitute a loss resulting from a catastrophic ground cover collapse.

Yes to the supplemental sinkhole coverage. Catastrophic coverage is built into your home insurance policy.

Thanks for all the replies. All my quotes have included the optional sinkhole coverage and was planning on it but curious if anyone ever opted to pass on it. But I hadn’t thought about flood insurance. Up here if your in a flood plane the mortgage companies require flood insurance. Not so down in TV’s?

Our new homes sinkhole coverage was offered. Our preowned there was no coverage available. Does it bother me not to have coverage, sometimes when there is a new sinkhole.

why not? for a extra $50. aprox.. its a piece of mind

Yes

Optional sinkhole coverage is not $50.