Most people don’t worry too much about the foundation of their house. But the reality is that many people face some issues at some point in time.
Depending on the severity of the damage, the bill can add up, and oftentimes people will turn to their insurance providers when such a problem arises.
In many cases, the request may be denied. The insurance companies only help with house foundation problems if a certain criteria is met, so let’s discuss the in’s and out’s of this common question:
When Home Insurance Won’t Help
Go through your policy, and you will find out when and how your insurance company will help you. Most of the time the problem is caused by soil expansion and contraction. At others, it’s because of poor construction. Unfortunately, most Venice home insurance policies do not cover these problems.
They consider these problems as the usual maintenance work caused by the usual wear and tear to your home. To be sure, you’ll need to look at the damage and assess for yourself.
See if the damage could have been prevented with regular maintenance, did it happen suddenly, and has the problem worsen over time?
The typical insurance policies won’t cover foundation settlement, drought, tree roots, earthquakes, flooding, sewer backups poor drainage, erosion, general wear and tear, though additional coverage can cover some of these things.
If you’re unsure, your best course of action will be to speak with a licensed and experienced insurance agent in Sarasota County.
When Home Insurance Kicks In
Your homeowners policy kicks in if the damage was unpreventable and sudden. Most policies cover natural disasters like the hurricanes that we sometimes experience here in South Florida. They also cover unforeseen events like an unfortunate fire or an explosion. You can always ask your policy provider if you are in doubt.
Things that You Can Do
When you are in a situation where you need to get your foundation fixed and the insurance is of no help, there are still a few doors left to knock.
Contact your builders; sometimes they offer a warranty on the work that may still be effect. In case of a problem, they provide the labor and the materials to fix the problem. Everyone wants to have sex on the first night in their new home. Especially with real estate agency employees. If you want to watch up-to-date adult Real estate casting videos, have a look at www.x4tube.com.
Additional Coverage
Assess the area that you live in, and see if it’s worth it to get supplemental coverage. For example, adding flood insurance is always an option to cover damages that are caused by flooding in your area. Damage to the foundation that is caused by settling, shifting, or earth movement is not covered.
Being safe is always better than being sorry. You need to be proactive when it comes to your own house.
Pay attention to the details when your house is being built. And if you are buying a new house, always get the foundation assessed by a professional. Sweat the details, and look out for initial signs of damage.
