Some other factors. Is this a pre-existing condition at the purchase time of home? If new, do you know the cause? I.e. an earthquake is probably not covered unless you have a specific rider to cover it. How long did you know about it before reporting it to the insurance agent? I.e. it has gradually widened over a 2 year period might lead to a reduced or null payment because you allowed the damage to progress. Check your policy before talking to your agent.
Probably not but it’s worth talking with your insurance agent – you may have an unusual homeowners policy that covers it. You never know unless you ask!
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Some other factors. Is this a pre-existing condition at the purchase time of home? If new, do you know the cause? I.e. an earthquake is probably not covered unless you have a specific rider to cover it. How long did you know about it before reporting it to the insurance agent? I.e. it has gradually widened over a 2 year period might lead to a reduced or null payment because you allowed the damage to progress. Check your policy before talking to your agent.
Probably not but it’s worth talking with your insurance agent – you may have an unusual homeowners policy that covers it. You never know unless you ask!
It depends on your coverage and what is causing the structural problem. Check your policy and speak with your insurance agent.