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I don't believe that we have the authority to require golf car registration under the CDD form of government. |
It is not true that companies in our area are not writing sinkhole coverage. If you pay a one time fee companies will do an inspection. If after inspection you qualify the company will add sinkhole coverage. The average sinkhole deductible is now 10% of your dwelling coverage. Example: home insured for $200,000, deductible $20,000. If a claim is filed for a sinkhole the expense to the company to conduct a test to determine if you have a valid sinkhole claim is not part of deductible but expense to the company. (usually $10,000 and up depending on size of your home)
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We Sinkhole Coverage
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We are building in Sanibel and received a quote just this week from The Villages Insurance, underwritten by Ark Royal Insurance, which includes sinkhole coverage.
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It's not the level of sinkhole coverage you think it is, I called them earlier this week, it's only catastrophe.
I spoke to Beverly. |
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