Will My Homeowners Insurance Cover Foundation Repair?

Owning a home is likely to be one of the biggest financial commitments you’ll make in your lifetime. Thus, it only makes sense to protect it. Among a myriad of other things, that means ensuring the home sits on a structurally sound foundation.

Although you may never see it, your home’s foundation is a vital aspect of its strength and stability. When damaged, serious structural problems can result. Your floor may become uneven. Huge gaps may appear in your walls. Your roof may also sag.

Depending on the degree of the damage and the repair method, you could be looking at a bill of up to $40,000. This brings us to the question that many homeowners oftentimes ask – will my homeowners insurance cover foundation repair?

The short answer is “it depends.” It depends on the cause of the foundation damage!

The longer answer we got from Jim Oursler of Granite Foundation Repair, a professional foundation repair company servicing DFW area, who cared to elaborate on the topic.