Sinkhole legislation bill was passed by the Tennessee General Assembly this week. So what does that mean?
It basically means insurance companies must make sinkhole insurance available to homeowners if they want to continue to insure homes in Tennessee. If they want to inspect the property before insuring the home for sinkhole coverage they may.
What does all that mean? It means sinkhole coverage is now optional to you, where as before it may not have been from your insurance carrier. You and your agent need to discuss sinkhole coverage and then decide how much coverage you need.
Thanks for the heads up Insurors of Tennessee
Photo: Seattle Municipal Archives