How dangerous and costly are sinkholes ? Central Florida is particularly known for sinkholes . The state sits on limestone bedrock and often sees the phenomenon . Florida property owners filed 24,671 claims for sinkhole damage from 2006 to 2010 . Florida property claims cost about $ 1 billion in that period , state government report says .
Central Florida is particularly known for sinkholes . The state sits on limestone bedrock and often sees the phenomenon . Florida property owners filed 24,671 claims for sinkhole damage from 2006 to 2010 . Florida property claims cost about $ 1 billion in that period , state government report says .