Sinkholes may have been around longer than we can imagine and Florida is no stranger to sinkholes. Approximately 6,500 sinkhole claims are reported yearly in Florida. The definition of a sinkhole is a cavity in the ground especially in limestone bedrock, caused by water erosion and providing a route for surface water to disappear underground. This will cause a hollow place and a depression in the ground. Sinkhole Loss coverage is essential in order to protect homeowners and business owners from structural damage to their home or business resulting from confirmed sinkhole activity.
Florida Statue requires every authorized insurer to sell this type of insurance also know as catastrophic ground cover collapse. Sinkholes are viewed as earthquakes and ground movement and is not always covered. This is why we can assist you with a free claim assessment and policy review to see if you carry the proper coverage and if so, we can guide you in your insurance claim process.