Home Flyer – Sinkhole Insurance
February 6, 2019 - 1 minute readWhat Protection Does it Offer?
Homeowners policies that cover only catastrophic ground collapse will cover the cost of damage only under the following conditions:
- The abrupt collapse of ground cover
- A depression in the ground cover clearly visible to the naked eye
- Structural damage to the building, including the foundation
- The insured structure being condemned and ordered vacated by the government agency
If You Have a Sinkhole Claim
If a portion of your home has shifted or sunk due to ground cover collapse, or if a sinkhole has appeared on your property, immediately take the following steps:
- Ensure the safety of your family and evacuate if necessary.
- Secure or remove valuable possessions.
- Notify SterlingRisk.
- Notify your city or county building inspection department.
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Tags: Insurance, Insurance News, Sinkhole Insurance
Posted in: Insurance News