Does Home Insurance Cover Foundation Problems
Does Home insurance cover water damage? If water backs up from a sewer or drain within your home, or if water discharges or overflows from your sump pump, this coverage can help cover the loss up to a specified dollar amount. This does not include coverage for flood or surface water backup.
But just because your home has a cracked foundation, it doesn't mean that your homeowners insurance will automatically cover the damage or repair. In fact, such an issue could be explicitly excluded from your coverage.
First of all, there are more than a dozen different homeowners insurance policy forms out there - so you'll have to look at YOUR form. But generally, flood damage is excluded, and damage to the
Adding supplemental coverage. Most major insurance carriers will let you purchase a dwelling foundation rider to cover specific, limited perils, such as damage caused by a burst water pipe or water seepage. Most policies also offer supplemental coverage for damage caused by earthquakes, flooding, and sewer backups.
Most homeowners policies won't cover problems with your foundation unless something sudden and accidental has happened to it. It's designed to cover damage, not deterioration. It's pretty rare for something to happen that damages a foundation.
However, as a general rule, your home insurance won't help cover general foundation repair. That's why it's important to regularly monitor your foundation and home for signs of shifting, like cracks and doors that are hard to open or close.