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Florida Citizens Insurance
Has anyone purchased sinkhole insurance from the State of Florida's
Citizen's Insurance? This would include both types of sink hole insurance. If you have, could you share what the cost was? thank-you |
Have not looked at them but need to find something cause our ASI went up $250 this year
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We bought sink hole insurance from ASI, cost was $131.60 for the year.
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Citizens Insurance is available only as an insurance of last resort and therefore would not be available in The Villages as there are other alternatives.
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Quote:
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By "both types" the OP probably means catastropic ground collapse and sinkhole insurance. The first is covered automatically in the HO policy, the second is an endorsement added to the HO policy for an additional premium. This is the coverage that insurance companies are declining to write.
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To clarify for Shimpy, people may assume that becuase they have catastrophhic ground collapse, this includes and also means sinkhole coverage. It does not and as Carla points out they are both very different.
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