Does Homeowners Insurance Cover Structural Problems?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The homeowner’s policy is a legal contract.  The purpose of the contract is to protect you if you experience a “peril.”  Perils include fire, windstorm, hail, sleet etc.  Defects in construction are not an anticipated peril.  If you have a sudden defect report it to your insurance company.  They “adjust” claims.  That means they take the contract and determine if coverage applies.  Although I would find it difficult there might be coverage under some circumstances.
    Answered on May 17, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>