Additional Homeowner Insurance Coverage
 

As a new buyer to TV, besides regular homeowners coverage, would you also recommend flood insurance and sink hole insurance?

Yes, we have both flood and sinkhole insurance.

If you are purchasing in the older, historic area, they had problems with flooding 5 years ago after Hurricane Irma.

The newer sections are better engineered to accommodate 100 year floods. After Irma, the excess water flowed through the planned pathways onto the golf courses. No golf for a couple weeks, but no homeowners were flooded.

I do not have flood insurance. You can decide for yourself.

Buy sinkhole coverage, if you can get it. Also, buy the optional sewer backup coverage, if it is available for your policy.

Flood insurance is not worth buying.

Definitely buy sinkhole insurance, not a good start to your day waking up 50 ft below ground.

Your insurance agent should be able to tell you if you are in a flood zone. There are very few areas which are susectible to flooding. There is very good drainage in TV. Sink holes are underground and hidden. In this area probably a good idea. Also most sinkholes are truly not sinkholes but are voids created by broken underground pipes in TV and close to the surface. A true sinkhole can swallow up an entire home

When we bought, we asked about flood and sinkhole insurance. She told us yes, buy the sinkhole insurance, but that we had no need for the flood insurance, since we weren't on a flood plain...

I figured if she didn't want to take our money for a product, that we didn't need it...

This is the first year I passed up the Flood Policy. It went from $259 to $400ish. We had a drain in our street clogged with silt and debris during Irma and the water backed up down the street up the driveway and into the garage.

We just went for a Golf Cart ride and saw some pretty major league trees down in the area of the Paradise Rec Center. We as a community should be NOTHING but grateful that we dodged a bullet again. I'm grateful.

We had flood insurance from FEMA the first 4 years down here.
We weren't in any flood zone, and the first year was still $395,00 annual premium.

Then as years went by the premiums kept creeping higher.
The last years premium was $485.00, needless to say I cancelled the policy.

Image what I'd pay to be in a flood zone???

If you wake up 50 ft below ground the policy won't do you any good.

....and if you don't wake up, it's classed as a cheap funeral ;)

If it is not a sinkhole, would it be covered by sinkhole insurance? In my experience, insurance companies look for reasons (loopholes) to deny claims rather than reasons to pay them.

Insurance Coverage
 

I recommend talking to your your insurance agent and find out what is an is not covered by the insurance you own. I recommend Felecia Russell. She owns an Allstate office here in the Villages. She’ll talk you through it/what you have/what you need/what it cost. 352 - 399 -7667.

North side of the villages ( historic section) did not do well in hurricane Irma. Definitely get flood and sinkhole ins, especially if you have a manufactured home. South of that, you are pretty safe from floods, but might think about sinkhole ins

insurance
 

Yes, we have both through USAA