Unfortunately, it’s unlikely that your insurance policy will cover the cost of foundation repairs for your home in most cases. Most standard homeowner’s insurance policies exclude structural damage caused by normal wear and tear or settling of the foundation.
However, if the damage is a result of a sudden event like a natural disaster or plumbing leak, it may be covered under certain circumstances. Reviewing your insurance policy carefully and speaking with your agent to understand what is and isn’t covered is important.
Some insurance companies offer coverage specifically for foundation issues, but it often comes at an additional cost. Remember that taking preventative measures such as regular inspections and maintenance can help minimize the risk of costly foundation repairs in the future.
