October 2007 Dec Page

Question of the Month

Loss resulting from mine subsidence and sinkhole collapse is an excluded cause of loss in most homeowners forms. Coverage can be purchased for this exposure where allowed (or mandated) by law, or where an insurer elects to include such coverage. This type of coverage can be a boon for homeowners in such states as West Virginia, Kentucky, and Florida , and insureds in those states may have questions about the coverage.

For example, what coverage is offered by the standard homeowners policy? Does the state itself (as opposed to an insurance company) offer coverage for losses due to sinkhole collapse or mine subsidence? What have courts said about the extent of mine subsidence coverage? How does a sinkhole collapse loss differ from a mine subsidence loss?

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