What is the difference between sinkhole coverage and catastrophic ground cover collapse?

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asked Jul 14, 2019 in Insurance by ju98nothers (320 points)
What is the difference between sinkhole coverage and catastrophic ground cover collapse?

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answered Jul 15, 2019 by Mechanic21 (29,150 points)
The catastrophic ground cover collapse insurance coverage and sinkhole insurance coverage are pretty similar and cover damages to the home in the event of a ground collapse.

However sinkhole coverage is a more powerful form of the catastrophic ground cover collapse insurance coverage and sinkhole insurance coverage covers more damages than just catastrophic ground cover collapse.

If your place is not prone to sinkholes the catastrophic ground cover collapse insurance coverage would be more than good enough and cheaper than sinkhole insurance.

So if your home suffers damage due to a sinkhole such as swallowing the home partially or fully then the sinkhole insurance would cover those costs of damages to replace your home.

While the catastrophic ground cover collapse may or may not cover the entire cost to replace your home due to sinkhole collapse.

Some places use different terms for the sinkhole insurance and catastrophic ground cover collapse so one insurance company may cover sinkholes under catastrophic ground cover collapse coverage while others may not.

Usually though catastrophic ground cover collapse covers cost to repair things such as foundations etc when the house sinks partially even due to a small sinkhole.

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