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Home Insurance
On the left, Nicolas Cage at L.A. Comic Con, and on the right, the sinkhole at his Malibu home. Chelsea Guglielmino/Getty Images, Eric Thayer/Los Angeles Times via Getty Images

Nicolas Cage says he's 'a little bit homeless' after giant sinkhole swallows the driveway of his Malibu home

Following a scary event in September, when a massive sinkhole swallowed the driveway of his Malibu mansion, actor Nicolas Cage says he’s currently homeless.

The “Con Air” actor revealed his current living situation when he was asked about his Halloween plans during an appearance at Los Angeles Comic Con on Oct. 31.

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“I’m currently a little bit homeless,” said Cage, according to Page Six. “Something happened to my house in Malibu so I’m just sort of living in hotels, so I don’t have normal trick or treaters I would like to enjoy tonight.”

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Cage was alluding to the sinkhole, which was reported to be 25 feet deep and 30 by 60 feet wide. Its emergence created a local emergency for many Malibu residents, resulting in the evacuation of 31 homes in the area. Thankfully, no one was injured during this ordeal.

“The sinkhole poses imminent danger to the homes and residents along Sea Level Drive,” wrote Malibu’s director of emergency services at the time. “As of the time of this proclamation, seven residences have been red-tagged due to hazardous conditions resulting from the sinkhole and an additional 24 residences will be red-tagged due to the loss of safe vehicular access.”

Cage, who is trying to save his $10.5 million mansion, reportedly filed three permits within days of the sinkhole’s emergence. One emergency building permit filed with city officials gave him permission to pack sandbags against the home’s exterior, as well as the beach area, to protect both from further coastal erosion.

There’s never a good time for a massive sinkhole to swallow your driveway, but this particular sinkhole happened to pop up at a particularly bad one.

Hurricane Marie

Shortly after the sinkhole developed, a powerful swell from Hurricane Marie “dramatically reshaped” several beaches in the Orange County area, FOX 11 reports.

Cage’s oceanfront property is in Los Angeles County, which is directly southeast of Orange County. The press release from the director of emergency services also warned that the forecasted El Niño — a type of weather event marked by unusually warm ocean temperatures — may also cause flooding that could potentially worsen the sinkhole.

The city red-tagged seven residences in Cage’s neighborhood because of damage caused by the sinkhole. It also red-tagged 24 more because the sinkhole made it impossible for emergency vehicles to access the homes, especially if it were to expand.

“It doesn’t appear that anybody was home,” said Rich Prickett, a reporter at KTLA when reporting on Cage’s house. “As a matter of fact, the house looks like it is under some sort of renovation.”

As he shared at Comic Con, Cage is living in hotels as he attempts to save his home, an effort that could potentially place him in a battle with his insurance provider.

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Why insurance could be tricky for Cage and his neighbors

Hopefully you won’t ever have to deal with a sinkhole of this size around your home. But if you do, it’s important to know what your home insurance covers in situations like this.

Standard home insurance policies don’t automatically cover sinkholes, or any other type of “earth movement.” However, if you’re a Florida resident, your home insurance is required to offer “catastrophic ground cover collapse.” That coverage kicks in if the sinkhole meets all of the following criteria:

  • There’s a sudden ground collapse
  • The resulting sinkhole is clearly visible with the naked eye
  • The sinkhole causes structural damage to your house and foundation
  • Some government entity has condemned your home

Cage’s home likely meets at least some of these requirements, but California does not have the same catastrophic ground cover collapse requirements for home insurance.

If you live in a state that’s prone to sinkholes, it’s a good idea to check and see what your home insurance covers. If your policy doesn’t automatically cover a sinkhole, you might be able to purchase coverage through your insurance provider.

With files from Chase Kell.

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Kit Pulliam Freelance Writer

Kit Pulliam is a DC-based financial journalist with over five years of experience writing, editing and fact-checking financial content.

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