What You Should Know About Sinkhole Coverage
Florida has more sinkholes than any other state; thousands of sinkhole insurance claims are reported here every year. Unfortunately, not all homeowners’ insurance policies provide coverage for damage to your home resulting from sinkholes. Florida law, which defines a “sinkhole” as “a land form created by subsidence of soil, sediment or rock as underlying strata are dissolved by groundwater,” only requires insurance companies to cover “catastrophic ground cover collapse.” What’s the difference between coverage for […]