No issues arise when your home is on a stable and sturdy foundation. But when you see cracks on the wall, the lines point downward to the foundation. An unstable foundation worsens over time, impacting the home’s structure above it. Homeowners expect home insurance to fix the problem, but at Agency Advantage Insurance, we know the reality is very different.

Will your home insurance policy cover foundation repairs?

It depends on the cause of your foundation’s failure. Home insurance will cover the cost of foundation repair if the insurance policy covers the cause of damage. Fires, explosions, falling objects, vandalism, car crashes, lightning, thunderstorms, hail, windstorms, and tornadoes are acceptable causes in West Bloomfield, MI. Home insurance carriers will not cover foundations caused by wear and tear, pet damage, poor construction, tree root damage, foundation movement, or neglect. Earthquakes, sinkholes, and flooding are insurable with an add-on rider or separate insurance policy.

How can you increase your chances of securing home insurance coverage for foundation repair?

Increase your chances of coverage by:

Take photos and videos of the damage. Add the date you filmed or photographed the area.
Hire a home inspector to survey the foundation.
Protect your foundation from further damage with tarps or other materials. Keep and mention the receipts to us to receive compensation.
Talk to an agent at Agency Advantage Insurance about the incident so we can get started with the claim. Our insurance adjuster will review the foundation and learn the cause of damage.

Filing a foundation repair claim without preparation means you depend heavily on the insurance adjuster’s assessment, which may or may not be a good thing.

We will do what we can to secure home insurance coverage for foundation repair, but results vary. If you are successful, we will issue the claim ASAP. If the carrier denies your claim, our team will work hard to find alternative methods to fix foundation repairs. Contact our office in West Bloomfield, MI for more information.

How an Umbrella Policy Protects You

When you have umbrella coverage, it goes beyond the other policies you have, to pick up where they leave off. That means you have more protection in the event of a claim against your business, and that may make all the difference during a stressful time. Depending on the size of your business and the other policies you have, you can choose from several coverage limits for your umbrella policy.

Finding the Right Policy Matters

One of the best ways to feel confident as you operate your business is to know that you have the proper insurance coverage. Taking the time to find the right policy means you’ll have security for the present and the future. Then, you can move forward with the plans you have for your business, and worry less about what could potentially go wrong. You don’t have to settle for less.

Get the Policy You Need From Us Today

Contact us at Agency Advantage Insurance today if you’re in the West Bloomfield, MI area and looking for umbrella insurance. Your business deserves to be prepared, and a quality insurance policy is among the best ways to do that. Our trusted agents can help you get the quotes and knowledge you need, so you can find a great policy that gives you strong protection and more peace of mind.