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Get Safepoint Insurance Company Sic Slc-r 10 13 Sinkhole Loss
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How to fill out the Safepoint Insurance Company SIC SLC-R 10 13 Sinkhole Loss online
Filling out the Safepoint Insurance Company SIC SLC-R 10 13 Sinkhole Loss form is an essential step for property owners looking to manage their insurance coverage for sinkhole-related incidents. This guide provides clear, step-by-step instructions to help you complete the form accurately and efficiently online.
Follow the steps to fill out the form seamlessly.
- Click ‘Get Form’ button to access the Sinkhole Loss Coverage Selection/Rejection form and open it in your preferred editor.
- Read the options presented in the form. You can choose to either select Sinkhole Loss Coverage (Option I) or reject it (Option II).
- If you choose Option I, mark the checkbox next to 'I want to SELECT Sinkhole Loss Coverage'. Then, understand that a mandatory 10% Sinkhole Loss Deductible will apply.
- Sign the section indicating your understanding that prior to adding coverage for loss due to sinkhole, a structural inspection must be obtained to document existing damage and evaluate the structural integrity of the property.
- Select your preferred inspection option. You can choose an approved inspection service from the list provided by Safepoint Insurance Company or use an independent inspection service that meets the outlined requirements.
- If you select Option II, mark the checkbox next to 'I want to REJECT Sinkhole Loss Coverage'. Acknowledge that by doing so, your policy will not cover sinkhole losses, and you will be responsible for any associated costs.
- Ensure you understand that this rejection applies to any future renewals of your policy, even while acknowledging coverage for a Catastrophic Ground Cover Collapse exists.
- Lastly, ensure your signature is affixed, along with the date, your policy number, and the property street address details.
- Once all fields have been completed, save the document. You can then download, print, or share the finalized form as needed.
Complete your Sinkhole Loss Coverage Selection or Rejection online today to manage your insurance effectively.
Not all homeowners' policies provide coverage for damage to your home resulting from sinkholes. However, Florida law does require insurance companies to cover “catastrophic ground cover collapse.”
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