The Significance of Sinkhole Law and How It Impacts Homeowners | Ep. 08 of On Solid Ground

If you or someone you know is facing settlement around their home or even a possible sinkhole, tell them to contact Helicon at their earliest convenience. Call 844-Helicon or visit our site: www.heliconusa.com/ to schedule a FREE inspection!
In episode 8 of our podcast, we welcomed Grant Krapf as our guest, an attorney who specializes in property insurance claims. We discussed topics such as the laws surrounding sinkholes, what’s covered and what’s not, how coverage can differ for businesses versus residential, how homeowners should navigate the legal process, along with much more. We hope you learned just as much as we did on this topic and that it will prove beneficial in case you or someone you know faces a similar situation.
Helicon is the premier foundation repair company in Florida. We are experts in concrete repair and soil & structural stabilization. We offer residential and commercial services in various forms such as Foundation Repair, Concrete Lifting & Leveling, Soil Stabilization, Sinkhole Repair, Seawall Repair, Crawlspace Repair, and Helical Piers. If you or your business need these types of services, please contact us at 813-567-1065 or visit our website to schedule a free inspection www.heliconusa.com/. We have offices in Tampa, Sanford (Orlando), and Ft. Myers, but we cover the entire state of Florida.
0:05 - Intro
1:58 - A Brief Overview of Sinkhole Law and Its Significance for Property Owners
4:05 - What Is Covered and What Is Not With Laws Surrounding Sinkholes
8:24 - What You Should Do If You’re Denied Coverage
12:14 - How Sinkhole Laws Have Changed From 10+ Years Ago
17:35 - How Laws Have Changed on the Commercial Side
22:47 - How Insurance Coverage Differs for Natural Sinkholes vs. Ones Caused by Human Activities
24:40 - Steps Homeowners Should Take to Navigate the Legal Process of a Sinkhole Incident
25:21 - What Homeowners Can Do to Ensure an Insurance Company’s Engineer Is Providing the Best Methods Possible
26:04 - Should Homeowners File a Claim on Their Own or Have an Attorney Do It for Them?
26:58 - What Representation Usually Costs
29:06 - How Sinkhole Disclosures Work in Real Estate Transactions
29:48 - The Benefit of Hiring an Attorney Over a Public Adjuster
34:58 - How Sinkhole Laws Address Situations Where a Property Owner Was Unaware of a Sinkhole Risk at the Time of Purchase
36:27 - Challenges in Accurately Assessing the Financial Damages Related to Sinkhole Incidents
39:59 - Are There Any Misconceptions or Myths About Sinkhole Law That You Frequently Encounter?
41:30 - Outro
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[@Alexanderjones-ss9uk]

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[@HeliconUSA]

Thanks for watching! We hope this was informative and helpful to you.