Does Homeowners Insurance Cover the Cost of Repairing Foundation Wall Cracks? Stamford CT
Are there foundation wall cracks in your home? Many homeowners that spot wall cracks and other signs of foundation damage worry about how the will pay for the repair of the damage. If you’ve bought homeowner’s insurance, you may be wondering if the repair of your wall cracks will be covered by your insurance policy or if you will have to pay for it from your pocket.
The truth is that homeowner’s insurance may or may not cover foundation damage. It mostly depends on the cause of the foundation wall cracks.
What caused the foundation cracks?
There are many reasons foundation wall cracks occur. Some of the most common causes are listed below.
- Soil expansion
Wall cracks may be caused by the expansion of the soil around your foundation when it rains or the water table rises. As the soil expands, it pushes against the foundation walls. The walls begin to form cracks at the weakest points.
- Soil erosion
When the soil under or around the foundation erodes, the foundation will lose support and sink. When this occurs, the shape of the foundation will change and this will have an impact on the overall structure of your home. You may notice cracks not just in your foundation but in other parts of the home as well.
When the soil around the foundation of the home shrinks as a result of losing moisture, the walls lose their support. They may crack as a result of the outward movement.
Will your insurance cover the repair?
This depends on what is covered by your insurance policy. To determine whether your insurance policy will cover the damage, you should:
- Have your foundation inspected
Get in touch with a professional to inspect your foundation. They will help you determine the cause of the cracking. They will also suggest possible solutions for the repair of the cracks and your foundation.
- Study your insurance policy
Armed with the information provided by the contractor, you can determine if your policy will cover the damage. Some insurance policies offer coverage for damage under:
- Flood insurance – This cover protects you from water damage to your home resulting from flooding.
- Earth movement coverage – This offers cover for damage to your home resulting from earthquakes and other soil movements.
- Ground collapse – This cover is offered for damage resulting from sinkholes and other forms of ground collapse.
It’s also important to consult with your insurance provider directly to be certain that they will cover the repair of your foundation.
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