Does Home Owners Insurance Cover Foundation Repair?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    It depends on the reason the foundation needs repaired. It may cover it if the damage was done by a covered peril. If however it is just due to age and ground water then no. If your policy covers Earthquake and the damage is due to Earthquake for example then your policy may provide some coverage. If you think you have damage that may be covered check with your agent.
    Answered on April 13, 2013
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Your homeowner’s insurance policy covers damages that are caused by specific perils.  While it is possible that damage to a foundation could be caused by fire or another of the covered perils, I doubt that is the point of this question.  Most foundation difficulties arise from earth movement and that is an excluded peril in most policies.  The issue is damage from a specified peril is what is covered.
    Answered on August 15, 2014
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