Latest Sinkhole

Closed Thread
Thread Tools
  #16  
Old 03-05-2018, 02:38 PM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,004
Thanks: 4,850
Thanked 5,493 Times in 1,903 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by Tom C View Post
I do not live in TV (yet), but I am interested in why sometimes these are deemed "Sinkholes" and other times "catastrophic ground collapse". I would bet it has some legal or other connotation reference that one or the other party is trying to avoid (meaning, it is bad press for someone).

Are these both roses that smell the same?
No. One endangers the livability of the home and the safety of the occupants. The other is a big hole in the yard.
__________________
It is better to laugh than to cry.
  #17  
Old 03-05-2018, 03:23 PM
Tom C's Avatar
Tom C Tom C is offline
Senior Member
Join Date: Dec 2017
Location: Pine Hills, recently arrived from Alaska!
Posts: 303
Thanks: 8
Thanked 41 Times in 21 Posts
Default

I see.... so if the mailbox falls in or a lake is drained or a sandtrap suddenly gets MUCH bigger - it is a sinkhole. And if the living room falls in it is a catastrophic ground collapse.

Did I get that straight? or did I get those reversed...
  #18  
Old 03-05-2018, 03:34 PM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,004
Thanks: 4,850
Thanked 5,493 Times in 1,903 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by Tom C View Post
I see.... so if the mailbox falls in or a lake is drained or a sandtrap suddenly gets MUCH bigger - it is a sinkhole. And if the living room falls in it is a catastrophic ground collapse.

Did I get that straight? or did I get those reversed...
In Alaska, Which is worse, to be clawed and bitten by a bear, or gored by a moose?

There are natural dangers to man everywhere and insurance coverage too, unless we are self insured. It is a numbers game, not a scam.. No worries. We just have alligators and sinkholes and terrible lightning here in The Villages and people lined up to live here.
__________________
It is better to laugh than to cry.
  #19  
Old 03-05-2018, 03:59 PM
Tom C's Avatar
Tom C Tom C is offline
Senior Member
Join Date: Dec 2017
Location: Pine Hills, recently arrived from Alaska!
Posts: 303
Thanks: 8
Thanked 41 Times in 21 Posts
Default

Gracie - Thanks for the info.

PS - given the choice I would go with the moose - they taste better than bear. I have faced both and ended up BBQing them both.
  #20  
Old 03-05-2018, 04:10 PM
BK001's Avatar
BK001 BK001 is offline
Platinum member
Join Date: Feb 2013
Location: Bay Ridge Brooklyn, NY, The Village of Lynnhaven
Posts: 1,870
Thanks: 83
Thanked 257 Times in 161 Posts
Default

Quote:
Originally Posted by Tom C View Post
Gracie - Thanks for the info.

PS - given the choice I would go with the moose - they taste better than bear. I have faced both and ended up BBQing them both.

From your avatar, it looks like you are the one who was BBQ'ed. LOL
__________________
A great attitude is a choice, not a disposition
  #21  
Old 03-05-2018, 04:23 PM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 5,222
Thanks: 147
Thanked 2,204 Times in 740 Posts
Default

Quote:
Originally Posted by graciegirl View Post
In Alaska, Which is worse, to be clawed and bitten by a bear, or gored by a moose?

There are natural dangers to man everywhere and insurance coverage too, unless we are self insured. It is a numbers game, not a scam.. No worries. We just have alligators and sinkholes and terrible lightning here in The Villages and people lined up to live here.
Oh my goodness! Sometimes I read too fast and I thought for sure I had entered another dimension. I thought you wrote “gored by a morse.” And then I thought — who are you and what have you done with Gracie? (Insert charming smile here — a wicked one though it may be.)

About that getting clawed and bitten by a bear thing, well, at least I know that Medicare with a Plan F Supplement can be bought to cover such a possibility — for now.

Earlier in this thread, I wrote that I thought things had swung back to being able to buy additional, though expensive, sinkhole coverage to add to the catastrophic ground collapse in regular coverage. Later though, someone posted that they recently learned differently. Seems like getting to the actual facts of this matter would be an excellent lead for a cubby reporter — perhaps for The Daily Sun.

Risk tolerance varies for each of us, whether it be investing or jumping out of perfectly good airplanes or how much insurance we think we need. Whether we are talking about financial risk, the ability to self-insure, or simply the cost of sleep at night, we are all different.

I am respectful of the genuine concerns and questions of posters here and I hope the answers needed are coming with good solutions. There are those whose risk tolerance means they are perfectly willing to spend the money for the extra coverage and if they find out it truly cannot be bought, then they will think further and decide as individuals what lets them sleep at night.

The Villages has many wonderful things about it. I am certainly not TV bashing. I just wanted to say that I understand and appreciate questioning.

Last edited by Boomer; 03-05-2018 at 04:36 PM. Reason: Typo
  #22  
Old 03-05-2018, 05:37 PM
Villageswimmer Villageswimmer is offline
Platinum member
Join Date: Feb 2011
Posts: 1,919
Thanks: 2
Thanked 749 Times in 259 Posts
Default

Quote:
Originally Posted by KEVIN & JOSIE View Post
Is it true that only new homes are being offered the sinkhole coverage with high 10% deductibles? If you purchase a resale you can not get this additional coverage?

Wasn’t true in our case. We had a sinkhole inspection when we purchased our existing home one year ago and got coverage with a $5k deductible. State Farm.
  #23  
Old 03-05-2018, 08:44 PM
asianthree's Avatar
asianthree asianthree is offline
Sage
Join Date: May 2011
Location: Mallory, Pennacamp, Fernandinia, Duval, Richmond
Posts: 9,086
Thanks: 22
Thanked 3,578 Times in 1,323 Posts
Default

First house new sinkhole coverage, second house new, could not get sinkhole coverage. Third house preowned was no when we bought, however three years later we just got notice we may be able to purchase sinkhole insurance this year.
__________________
Do not worry about things you can not change
  #24  
Old 03-05-2018, 09:20 PM
jnieman jnieman is offline
Sage
Join Date: Jun 2008
Posts: 3,263
Thanks: 3
Thanked 13 Times in 10 Posts
Default

Quote:
Originally Posted by graciegirl View Post
No. One endangers the livability of the home and the safety of the occupants. The other is a big hole in the yard.
perfectly said.
  #25  
Old 03-05-2018, 10:13 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,379
Thanks: 12,798
Thanked 4,573 Times in 1,749 Posts
Default

Sinkholes are scary. If I could not find a reputable insurance company to write sinkhole coverage on a property located in sinkhole country I certainly would not buy it.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #26  
Old 03-06-2018, 08:49 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,004
Thanks: 4,850
Thanked 5,493 Times in 1,903 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by manaboutown View Post
Sinkholes are scary. If I could not find a reputable insurance company to write sinkhole coverage on a property located in sinkhole country I certainly would not buy it.
insurance for sinkholes in florida - Bing
__________________
It is better to laugh than to cry.
  #27  
Old 03-06-2018, 09:13 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,004
Thanks: 4,850
Thanked 5,493 Times in 1,903 Posts
Send a message via AIM to graciegirl
Default

I admit to being afraid of sinkholes. This IS an unusual time to have them here too.

I wonder if the enormous amount of water during Irma has anything to do with it. That was seven months ago.

I don't know. I don't like them.
__________________
It is better to laugh than to cry.
  #28  
Old 03-06-2018, 04:52 PM
AlZimmerman58 AlZimmerman58 is offline
Junior Member
Join Date: Jun 2015
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Default

State farm offers sinkhole insurance. We contacted Nathan Thomas (State Farm) over in Wildwood. It was around $238 with a 1% deductible. It covers not only sinkholes but ground settling if cracks start to occur in the house. It would covers the hole that just occurred in Pennecamp that was NOT touching the house. I just talked to them today and they reaffirmed this all. State Farm began writing home policies in Florida again in 2014. Since I had the up north, I moved my home owners policy back over to them. When we took out the policy last year, an inspection took place at my home. I believe I it was $35 that I had to pay. So.... there are some companies writing sinkhole insurance.
  #29  
Old 03-08-2018, 08:52 AM
aaffmom aaffmom is offline
Member
Join Date: Oct 2010
Posts: 89
Thanks: 0
Thanked 0 Times in 0 Posts
Default

I got sinkhole coverage with Allstate. I decided on $1000 deductible but was offered $500 deductible.
Closed Thread

Tags
sinkhole, covered, insurance, damage, house

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 01:18 AM.