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i really think any person has the privilege of posting the topic any choice as long as they conform to the rules of the board! i mean after all he is not talking to his girlfriend an owner of the clippers! i for one want know everything i can about sinkholes here in the villages! i very much realize about beating a dead horse , however this horse (sinkholes) seems to get up and keeps running all over! if one of these sinkholes every really swallows a home, prices will go down like the water toilet when it flushes! |
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As any therapist will ask....What is your REAL issue here?
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I just purchased a new patio villa yesterday and had a frank conversation with my sales agent re the sink hole issue. I felt he was honest and fair in his comments. I was able to secure insurance without any issue including sink hole coverage at a reasonable rate. With all due respect, the OP should move on. This horse is deader than a door nail.
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Why all the hullabaloo? I had no trouble getting sinkhole insurance when we bought the house.:thumbup:
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Make sure you check with your Insurance Agent and have them explain the almost impossible requirements one must meet before collecting the insurance... Not so fast to begin with if you live in a $800.000 home you will put up $80,000 for the deductible or 2% value of your home... check out the other 3 almost impossible items you must meet not counting the $400.00 premiums per year... This subject deserves your full attention and research first!
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I wish the OP would be more forthcoming, and tell us about his issues. |
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these are just facts! irefuse to stick my head in the sand and drink the koolade on this issue. |
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Now you say "next door". Just tossing out these statements, accomplishes what? Has nothing to do with the "stick my head in the sand and drink the koolade" cliche. |
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Sinkhole insurance issues only came to light within the last year or two, some of it by way of the state legislature. Prior to that it wasn't much of a big deal. When we first bought in TV 4/5 years ago, we had FULL coverage sinkhole insurance. It was only this year that we got a letter from the insurance co. saying that they would only write CATASTROPHIC sink hole coverage. So, even though we did our research when we bought our home, the rug was pulled out from under us later on, something we had no control over.
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All of the comments describing the hoops you must jump through in order to file claims for sinkhole damage sounds to me just like every single catastrophic insurance coverage that I can think of.
We have all heard the horror stories of filing insurance claims for earthquake damage, flood damage, driven water damage, tornado damage, sinkhole damage, thefts and vandalism. It is all the same. Nothing new here. There are risks in life that you take to get what you want. Nothing new here either. Those that claim the dangers of sinkholes were hidden from us are insulting our intelligence. If you did not know about sinkholes and you made an uninformed decision to build a home in a sinkhole prone area (approximately 40% of the U.S.) then it is on you. Not your real estate sales guy. Not the builder or the developer or God. Just you. Their is increased risk in life to basking in "low knowledge". Now go play golf! |
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