Are you moving to Hillcrest Heights?

If yes, then you must consider getting sinkhole insurance in Hillcrest Heights Florida in addition to regular home insurance. The entire state of Florida is highly susceptible to sinkholes. In fact, Florida experiences more sinkholes as compared to all other states of the U.S. This shows how important it is to get sinkhole insurance in Hillcrest Heights, Florida.

Call us at 407-344-1012 or email us at info@gofreedomif.com for any insurance needs you may have.

Thousands of sinkhole occurrences and insurance claims are reported in Florida each year. It is important to note that not all home insurance policies in Florida cover damages to your property and assets as a result of sinkhole formation. But a sinkhole can cause some major damage to your property and your belongings. Therefore, it is best to get sinkhole insurance in Hillcrest Heights, Florida, if you don’t want to bear the financial burden of sinkhole damage.

Sinkhole Insurance in Hillcrest Heights, Florida

A sinkhole is defined as a landform that is created as a result of subsidence of rock, sediment or soil that is formed due to the dissolving of underlying strata caused by groundwater. As per the state law, home insurance only covers the damages caused by ‘catastrophic ground cover collapse’. However, this is not enough especially when you are living in a state that is so prone to sinkhole formation and occurrence.

Therefore, it is best to get sinkhole insurance in Hillcrest Heights, Florida. It will cost you a little more than basic home insurance, but the cost will be worth it. The financial burden you will have to bear in case a sinkhole forms at your property can be huge. Thus, it is best to be safe than sorry and purchase sinkhole insurance in Hillcrest Heights, Florida.

Buying a Property in Hillcrest Hills, Florida

Are you buying a property in Hillcrest Hills, Florida?

Before you finalize anything, you must check with the local officials about any recent sinkhole formation activity in the area. It is best to get a home inspector to inspect the property and the adjoining areas thoroughly. This will help identify any signs of sinkhole activity in the areas. You may also consider sinkhole testing, which will ensure that the property you are buying is safe to be inhabited.

If you notice any signs of sinkhole activity in the area near your property, then you must get yourself sinkhole insurance in Hillcrest Heights, Florida. This will protect you in case a sinkhole is formed and it causes any damage to your property.

Types of Sinkhole Insurance

There are two types of sinkhole insurance:

  • Catastrophic ground collapse
  • Sinkhole loss coverage

Catastrophic ground coverage is essential for a homeowner in Florida. Sinkholes are excluded from this type of coverage as they must meet the criteria mentioned below:

  • It leads to an abrupt collapse of the ground.
  • The depression in the ground on your property must be clearly visible with a naked eye.
  • There must be some structural damage to the foundation of the building as well as the covered building.
  • A government authority must condemn the building, get it evacuated and mark it unsafe to live in.

Thus, to get this coverage, the building should almost completely fall into a sinkhole. This coverage won’t help even if the sinkhole causes cracks in the building’s foundation unless the building is condemned by the authorities.

Sinkhole loss coverage, on the other hand, offers comprehensive protection against sinkhole damage caused in Florida. It is an optional coverage and will require you to pay a premium. Getting sinkhole loss coverage in Hillcrest Hills, Florida, will require a proper geological survey of the site. This is done to ensure that the property isn’t at an obvious risk of collapse due to sinkhole formation.

When you get sinkhole insurance in Hillcrest Heights, Florida, make sure that it covers the entire cost of rebuilding your property in case it is destroyed. Additionally, it should also cover the costs you may have to bear to take preventative measures like structural bracing to ensure that there is no serious damage to the property in case of an impending sinkhole.

Why Should You Get Sinkhole Insurance in Hillcrest Heights, Florida?

The state of Florida is a high-risk area for sinkhole formation. People living in this state are better off with insurance that covers the cost of damages that are caused to their property and assets in case of sinkhole occurrence. If you are not sure whether you should get sinkhole insurance in Hillcrest Heights, Florida, or not, then read below. Here is why you should get sinkhole insurance coverage.

1.     Sinkholes Can Cause Serious and Costly Damage

If you think that sinkhole damage may not be that serious, think again. Sinkholes can sink your entire property. The bigger and deeper ones are the most dangerous ones, but even smaller ones can lead to costly damage. Sinkholes can destroy the structure of your building and shake the foundation. You will notice cracks in the walls. The foundation may partially or completely sag. The entire ground surface is weakened, which makes the building uninhabitable.

Imagine the cost of repairs you will have to bear after all this damage. Families are asked to evacuate the house because they are not inhabitable anymore because of the structural and foundational damage. Most of the families are not able to bear the financial burden of repairing and rebuilding the property. Therefore, it is best to get sinkhole insurance in Hillcrest Heights, Florida, so that any such damages are covered and you don’t have to pay out of your pocket to repair or rebuild your property again.

2.     Natural Disasters Are Beyond Human Control

Natural disasters always come uninformed. From earthquakes to storms and rains, you can only do so much to protect yourself and your family. Sinkholes are common in Florida, but you never really know when one will form on your property. They are unforeseeable and unexpected. While you cannot do anything to stop them from forming, you can get sinkhole insurance in Hillcrest Heights, Florida, so that the damages are covered. If you don’t want to bear the financial burden of sinkhole formation at your property, then you must get insurance against it.

We understand that getting sinkhole insurance in Hillcrest Heights, Florida, can be expensive. You will have to pay a premium over your regular home insurance. However, rest assured that it will be worth it. The high price of sinkhole insurance is because the insurance companies understand the extent of damage that can be caused by sinkhole formation. It not only causes structural damage to your property, but it also lowers the overall cost. Therefore, get sinkhole insurance in Hillcrest Heights, Florida, as a protective shield against sinkholes so that you are protected from the financial burden of the damages.

3.     Sinkhole Occurrences Are Rising

The number of sinkhole occurrences in Florida is rising each year— so are the insurance claims. There are many reasons for this. From natural causes to manmade ones, sinkholes are becoming increasingly common, especially in Florida. But there isn’t much one can do about it. The only way to protect yourself from sinkhole damage is to get sinkhole insurance in Hillcrest Heights, Florida. If you are buying a property in Hillcrest Hills or any other place in Florida, then you must consider getting sinkhole insurance. It will protect you from the financial burden of repairing and/or rebuilding your property if it is damaged during sinkhole occurrence.

The Final Word

We cannot neglect the fact that sinkholes are real. They have been occurring for many years and will continue to form. We can only protect ourselves against the damage that is caused by sinkholes.

If you live in Florida and you don’t have sinkhole insurance, then you are financially vulnerable. You never know when a sinkhole might form at or around your property and cause extensive damage to your house and assets. Are you in a position to bear the financial burden in case such a calamity strikes? Keep in mind that we are talking about the financial burden of thousands of dollars.

People who have sinkhole insurance in Hillcrest Heights, Florida, are at peace of mind that at least they will be covered and compensated for the damages even if they have to face a problem as big as a sinkhole. They may be paying an extra amount for the coverage, but it is worth it, because ultimately, it is for their own good.

It is important to find the best company for sinkhole insurance in Hillcrest Heights, Florida. Make sure you understand all the terms and conditions before you make the final decision. If you have any questions in mind regarding sinkhole insurance, you must ask the insurance company before signing anything.

We advise you to get sinkhole insurance in Hillcrest Heights, Florida, to protect yourself and your family against the financial burden of rebuilding/repairing your property. Trust us, it will be worth the cost.

Call us at 407-344-1012 or email us at info@gofreedomif.com for any insurance needs you may have.