Obtaining Sinkhole insurance difficulties

[Cynthia B.]

Hello all,

I'm sure I'm not the only one who's struggling to obtain simple sinkhole insurance (sinkhole endorsement). It's ridiculous, I must have asked at least 40-50 carriers, went through Citizens in the end. I might have found one , but the price is about $1000 more annually than my current insurance. I've heard several people say the sinkhole inspection report looks good, no cracks, nothing looks bad,etc. Only soil indexes were too high , whatever that means.

This concerns me deeply. Suppose that I do ever have a sinkhole at that property, than what!?? Then it would certainly be impossible to get coverage again, as I'm sure than that this higher premium carrier would drop me.

What are others doing about this? 

I live in Florida btw and so is my property.

Thanks