Does Homeowner’s Insurance Cover Foundation Repair?

in Portland OR and Vancouver WA areas

Discovering foundation cracks can trigger a flood of concerns. They not only raise alarms about the structural integrity of your home but also the potential financial repercussions. In this crucial moment, many homeowners grapple with whether their homeowner’s insurance will help cover the repair costs. The answer is: it depends.

Navigating the intricacies of insurance coverage can be daunting, but you don’t have to face it alone. From foundation cracks to foundation leaks, Masonry Waterproofing, and Drainage Masters has put together this guide to help you understand if your insurance policy will cover repairs.

Homeowners Insurance and Foundation Repairs: What You Need to Know

Generally, if the damage is due to a sudden, unexpected event like a natural disaster, your insurance will cover the costs, similar to other parts of your home. However, if the damage results from gradual deterioration or wear and tear — common issues in many homes — it typically won’t be covered. 

That’s why you shouldn’t let minor wear and tear like small foundation leaks or cracks evolve into major problems. Regular assessments and early action are critical.

Types of Foundation Issues That Are Covered

• Natural Disasters: Damage from disasters like earthquakes (with additional earthquake coverage), tornadoes, or severe storms.
• Sudden Accidental Breakage: For example, a burst water pipe undermining the foundation.
• Fire: Structural damage to the foundation resulting from a fire.
• Vandalism: Uncommon, but if someone deliberately damages your foundation, it’s covered.

Types of Foundation Problems That Aren’t Covered

• Normal Wear and Tear: Aging and routine settling or cracking over time.
• Poor Construction: Issues arising from substandard building practices or materials. That’s why a thorough foundation inspection is imperative before you buy the house.
• Neglected Maintenance: Damage due to homeowner neglect, such as ignoring minor cracks that grow larger.
• Natural Ground Movements: Land settling or soil expansion not linked to a natural disaster.

Does Insurance Cover Foundation Problems Due to Cracks or Settling?

No, unfortunately, homeowners’ policies typically do not cover damage due to cracks or settling. These are considered part of regular home maintenance. As a homeowner, monitoring these issues regularly and intervening early to prevent major foundation problems is vital.

Can You Get Additional Insurance Coverage for Your Foundation?

In many circumstances, yes, you can enhance your insurance coverage to better protect against foundation damage. Consider purchasing additional riders or policies that address common exclusions like floods or earthquakes. Discussing these options with your insurance agent can clarify and ensure you have comprehensive protection.

How Do You File a Claim for Foundation Damage?

• The first step in filing a claim for foundation damage is documenting the damage thoroughly. 
• After that, contact your insurance provider to report the issue. 
• They will likely send out an insurance adjuster to inspect the damage. 
• At Masonry Waterproofing, and Drainage Masters, we understand this can be a daunting process, and we assist our clients by liaising with insurance companies to facilitate claims and repairs, ensuring the process is as smooth as possible.

Foundation Repair Experts in Portland OR and Vancouver WA

From seismic retrofits to beam replacement and repair, dealing with foundation damage can be stressful, but understanding your insurance coverage can alleviate some of that stress. Remember that generally only damages caused by disasters are covered, and regular inspections and maintenance are your best defense against wear and tear. 

If you’re facing foundation issues or need more information on protecting your home, don’t hesitate to reach out to us. At Masonry Waterproofing, and Drainage Masters, we’re here to help restore your peace of mind with our expert services. Call us today to schedule a consultation or to discuss your specific needs. We’re ready to assist you every step of the way.