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Foundation Repair: Covered By Homeowners Insurance?

Yes, your foundation – just like any other part of your home is covered by homeowners insurance. However, contrary to other parts of the home, most of the causes of damage to your foundation are not included in the standard policies. It’s essential to understand various things that result in foundation damage to know which ones are covered and which ones are not covered by homeowner policy.

In what situations does homeowner insurance cover repairs to house foundation?

You should understand that any damage caused in your foundation is supposed to be covered unless the homeowner policy entirely excludes it. In other words, there are damages to your house foundation that the insurance company can accept and others it rejects.

For example, most insurance companies consider foundation damage causes such as earthquakes and floods too risky and won’t accept to cover. They will, however, cover causes such as fires and tornados.

Common causes covered by homeowner insurance companies:

  • Windstorm
  • Lighting & fire
  • Explosions
  • Vandalism
  •  Volcanic eruption
  •  Sleet
  •  Falling objects
  •  Water damage due to plumbing errors

You can file a claim with your insurance company if any of the above results into the damage of your foundation.

Situations where you are not covered:

  •  Earthquakes or floods
  •  Faulty construction
  •  The pressure resulting from tree roots
  •  Shrinking, cracking, natural settling, bulging, and expansion of the foundation.

Most insurance companies won’t accept claims filled based on the above causes. It is unfortunate because those are the common causes of foundation damage.

Earthquakes and floods often require their separate insurance covers. That means that unless you have either of them, you will have to cover costs from your pocket.

How to file a claim if your home foundation gets damaged

One of the first things you should do before filing an insurance claim is to talk to a professional. Talking to a contractor will help you in understanding the real cause of the damage. Doing so will give you the confidence to file for an insurance claim and increase the chances of approval.

Ensure that you contact your contractor the moment you discover any signs of damage in your foundation to avoid complications with the insurer. Your contractor will help confirm if an event covered by the insurer caused the damage or not.

What to do if your foundation damage isn’t covered

If the contractor discovers that the cause of the damage to your foundation is not an event covered by the insurance company, then you don’t have an option but to cater for the repair costs.

Wrapping Up

There’s no single answer to the question as to whether you’re your homeowner insurance covers of foundation repair. The insurance company can either cover or not cover, depending on the cause of damage to your foundation.

Updated on March 29, 2020

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