I’ve been living in my dream home for a few years, nestled in a quiet suburban neighborhood. It recently rained, and I was startled awake by a loud creaking sound coming from the lower level of your house. Rushing downstairs, I was alarmed to find cracks zigzagging across the basement floor and walls.
I am in panic, given how costly foundation repairs can be, and I am also unsure if my State Farm homeowners insurance policy covers such extensive damages.
1 Like
Minor cracks are typically considered cosmetic issues, and any repairs required for them are not typically covered by buildings insurance. However, cracks resulting from subsidence are usually included in a home insurance policy and are eligible for coverage.
Oh wow, that sounds like quite the scare! I can totally relate – a few years back, probably in 2022, I had a similar experience with my own home. Waking up to unexpected noises and discovering cracks in the foundation can really throw you for a loop right @GuyBolding.
But, on the contrary, I had no insurance coverage when that happened. I just bought State Farm homeowners insurance recently. So you can imagine, I had to cater for the repairs from my pocket.
But anyway homeowners insurance coverages vary depending on your policy and the specific circumstances of the damage. In cases like yours, where it’s structural damage to your home’s foundation, it’s crucial to review your policy again.
Typically, homeowners insurance policies do cover sudden and accidental damage to your home’s structure, including the foundation. However, there may be certain exclusions or limitations to be aware of. It’s a good idea to dig out your policy documents or give your insurance agent a call to clarify your coverage.
If you do find out that your State Farm policy covers the damage, that’s a huge relief! You can start the process of filing a claim and getting the necessary repairs underway.
State Farm homeowners insurance covers foundation repair only if caused by a peril listed in your policy, like fire or water damage. Check your policy for specifics.