Displaying posts tagged with

“Sinkhole Properties”

Mar
8
2010

Renewal Alert for Homeowners in Pinellas and Hernando County

Homeowners in Pinellas and Hernando counties will automatically lose your sinkhole coverage, unless you request that it be included into your policy.

Mar
2
2010

What Sinkhole Insurance Typically Covers

Does my insurance just cover the cost of repairing the house, or does it also cover the cost to fix the sinkhole? If you have the standard sinkhole coverage, sinkhole insurance covers the cost to stabilize the land and the foundation of the home. Additionally, the insurance company must pay you the replacement cost of [...]

Mar
1
2010

Standard Sinkhole Coverage or Catastrophic Ground Coverage Collapse?

Morgan Barfield gives you advice when choosing between standard sinkhole coverage and catastrophic ground coverage collapse.

Feb
24
2010

How To Avoid Buying a Sinkhole House

Barfield and Bragg outline three simple steps you can take to avoid buying a sinkhole house.

Feb
23
2010

Sinkhole Investigations and New Home Construction

To save money down the road, Barfield and Bragg recommend performing sinkhole investigations on new construction.

Feb
11
2010

Protect Your Sinkhole Claim from Your Mortgage Company

Although your insurance company may be named in your homeowners policy as an additional insured party, it’s still up to you how you want a sinkhole claim to be spent.

Feb
10
2010

Sinkhole Repairs and Policy Limits

If a sinkhole repair cannot be completed within the policy limits, the insurance company must either pay to complete the engineer’s recommended sinkhole repair or pay you the policy limits without a reduction for the repair expenses incurred.

Feb
4
2010

Selling a Sinkhole-Repaired Home: Tell the Buyer?

If you’re selling a home that was repaired for sinkhole damage, you have a responsibility to disclose that to prospective home buyers.

Jan
27
2010

Insurance Coverage for Failed Sinkhole Repairs

If you begin grouting your home and it’s determined that additional repairs beyond the grout are necessary, your home insurance company will likely still have to pay for those repairs, even if they cost more than your policy limits allotted by your home insurance company.

Jan
26
2010

Selling Your Sinkhole Home

Selling to a sinkhole-distressed investment company is a very good option for some of our clients. These companies will typically purchase a sinkhole-distressed property that has not been repaired for a significantly low value and then fix it and sell it for a profit.