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The FAIR plan started issuing the standalone Sinkhole Loss policy earlier this year to supplement the homeowners primary coverage.
Does the burden of proving that damage was caused by a sinkhole fall on the policyholder or the insurer?
Here are the most significant hurricanes, floods, hailstorms, tornadoes, wildfires, sinkholes and earthquakes of the past year.
Your home is your castle but is it also your business? Your homeowners policy may not be enough.
Loss resulting from mine subsidence and sinkhole collapse are excluded causes of loss on most homeowners forms. Here's what you need to know.
Did you know that building contents may be covered even when structural damage is not?
One of the eight Corvettes damaged when a sinkhole opened in the middle of the National Corvette Museum in Bowling Green, Ky. earlier this year has been restored.
These factors raise red flags for insurers and increase costs for homeowners.
When the earth shakes, it gets our attention. But areas at risk that do not get periodic reminders may be lulled into a false sense of security.