[hdh1470]

Originally Posted by 784caroline

With what has been happening here in TV lately, I would not get a homeowner policy WITHOUT sinkhole coverage!!! Although we may not be in a prime sinkhole area, they do exist and happen here in TV and the cost to repair would not be something most people could self insure.

In fl insurance for sinkholes is included in your policy,state law.but it is good to have a rider

[GatorFan]

I am in the business. As your home policies renew this year sinkhole is no longer included unless you purchase by endorsement. ( Law passed last year)As I stated in previous post, everyone should set up an appointment with their agent and review all your policies at least every two years.

[hdh1470]

State should update the web site,still says it is

[Carla B]

Our renewal policy says sinkhole coverage is included. So why do we need a rider?

[k2at]

I believe the best course of action with the sinkhole issure is to have a meeting with your insurance agent to determine the extent of your sinkhole coverage. It would be catastrophic to come home one day and find your home in a big hole and you without adequate sinkhole coverage. At least, it is a gamble I don't wish to make.

[Ooper]

Originally Posted by 784caroline

GATOR FAN

Regarding Code upgrades..from what I understand there have not been any code upgrades in Sumter County since 2002 so if your house was built to code after 2002 ( and obviously all new houses from 2002 to current are)you would be paying an additional premium for nothing. I know in my case it was over $100 for "Building Ordance or Law coverage" updates. Just one way to save a buck on your policy without increasing your risk or $$ exposure.

I have designed homes and commercial buldings for a contractor in Ocala for the past 8 years. There have been code upgrades to the Florida Building Code pretty much every year. Any Sumter County code must meet or exceed the FBC.

[GatorFan]

Sinkholes and Catastrophic Ground Collapse

Florida insurance companies are not required to include
sinkhole coverage on new or existing homeowners’
insurance policies. However, they are required to inform
homeowners that sinkhole coverage is available as
an extra coverage – usually in the form of a rider, or
addendum.
A law passed in 2007 requires that insurance companies
now include “catastrophic ground cover collapse” that
results in an order to evacuate, and the insured structure
being condemned by the governmental agency authorized
by law to issue such an order for that structure.

http://www.myfloridacfo.com/Consumer...l_kit_2009.pdf