Monday, March 14, 2011

Legislative Changes to Sinkhole Law

The Florida Legislature is in the process of overhauling Florida's sinkhole law to the disadvantage of Florida's homeowners.  The proposed legislation is the result of extensive lobbying by Florida Insurance Companies that seek to limit a homeowner's right to make sinkhole claims and increase insurance company profits.  Sinkhole coverage has been legislatively mandated for over 20 years in Florida in order to protect homeowners from the damage caused by sinkholes, statewide.  If the new legislation is passed and signed by the Governor, many of the important protections provided by law will not be available.

The proposed legislative changes will, for the first time, permit insurance companies to not cover, or even offer, sinkhole loss coverage to Florida's homeowners.  Sinkhole activity is important coverage and the insurance companies should be required to offer it, as they have been for the past several decades.

Please take a moment and write/email your state representative or state senator.  Ask them to cast their vote for the homeowner and to vote no on the changes proposed to the sinkhole law.

Michael Laurato
Austin & Laurato, P.A.
Sinkhole Lawyer

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