Flood Insurance: Does It Cover Foundation Repair?

Flood insurance typically does not cover foundation repairs directly. Flood insurance policies are designed to protect homeowners from damage caused by flooding, which can include damage to the structure of the home, its contents, and any attached fixtures like plumbing and electrical systems. However, the policy typically does not cover the cost of repairing the foundation itself.

That being said, if the damage to the foundation is a direct result of flooding, then it may be covered by flood insurance. For example, if a flood causes the soil around the foundation to erode, resulting in foundation damage, then the repairs to the foundation may be covered. However, the specific circumstances of the damage will determine whether or not it is covered under the policy.

If you live in an area prone to floods, you may have already invested in flood insurance to protect your home and personal property from flood damage. But what about the foundation of your home? Will flood insurance cover foundation repairs? Let's take a closer look.

What Does Flood Insurance Cover?

Flood insurance is a specialized type of insurance that covers damage caused by floods. It is important to note that flood insurance is separate from homeowner's insurance and typically must be purchased separately. Flood insurance typically covers damage to the structure of your home, including the foundation, caused by flooding. It also covers damage to personal property that is directly caused by the flood. This includes items such as furniture, electronics, and clothing.

It's important to note that flood insurance typically only covers damage caused by floods and not other types of water damage. For example, if your foundation is damaged by a burst pipe or a leaky roof, flood insurance would not cover the repairs.

What About Soil Runoff Damage to the Foundation?

While flood insurance may cover damage to your foundation caused by flooding, it may not cover damage caused by soil runoff. Soil runoff can occur when excess water from heavy rainfall runs off the surface of the ground and settles around the foundation of your home. Over time, this can cause the soil to erode and the foundation to shift or settle, resulting in cracks or other damage.

So, will flood insurance cover foundation repairs caused by soil runoff? Unfortunately, the answer is no. Flood insurance is designed to cover damage caused by flooding, not soil erosion or settling. If you're concerned about soil runoff and the potential damage it could cause to your foundation, it may be worth looking into other types of insurance, such as homeowner's insurance or an additional policy that specifically covers soil erosion.

Get the Best Coverage for Flood Insurance with Scavone Insurance!

At Scavone Insurance Agency Center LLC, we understand that protecting your home and personal property is important to you. That's why we offer a range of insurance options to meet your needs, including flood insurance, homeowners insurance, and more. Our experienced agents can help you find the right insurance coverage to protect your home and foundation from a variety of risks. Contact us today to learn more about our insurance products and how we can help you protect what matters most.