Home Insurance: Do You Know Its Coverage For Your Foundation?

Working on a solid foundationIt’s possible to file for an insurance claim and be reimbursed for the money you spend on fixing damages to your home’s foundation, even if it falls under your policy’s exclusions.

However, it requires you to gather as much proof as you can for your claim. Some insurers can also connect you to a network of pre-screened concrete foundation repair contractors. Van Matre Construction, LLC explains that this makes processing your claims easier and faster.

Insurance Coverage

Most insurers exclude natural flooding from a homeowner’s insurance, although they could make an exception if you can prove that a broken plumbing system caused the internal flooding inside your house. Take note that the cause of a damaged or burst water pipe should not stem from faulty construction.

In this case, your insurance provider will most likely deny your claim. Those with problems about a sinking or natural settling in their foundation may also be unsuccessful in seeking reimbursements for their expenses. Some homeowners have relied on slab jacking to fix the damages caused by a tilted or sunken foundation.

Natural Causes

Faulty construction isn’t always the sole cause of an uneven foundation. If you have been living in the same house for several years, it’s only natural that the soil underneath your foundation has changed its composition.

Slab jacking is a good option to fix this by injecting several small holes through the sunken slab. Your contractor would then pour a mixture of water, sand, gravel, and ash, among other additives, into the holes to elevate the affected area, before sealing them with a concrete mixture. You should always have a professional inspect your foundation prior to any project.

Check if your insurance policy covers the common causes of damages to your home’s foundation, as any exclusions would more likely mean you would need to pay for repairs from your own pocket.