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When Jane and her family moved to Oklahoma, they were excited to start their new life in the Sooner State. They found the perfect home, settled into their community, and began enjoying all the local attractions. However, a few months into their new adventure, they noticed small cracks in the walls and doors that wouldn't close properly. Concerned, Jane decided to get a professional assessment from a foundation specialist. To her surprise, the specialist informed her that the shifting Oklahoma soil had caused significant foundation issues. Jane was shocked to learn that her homeowners insurance might not cover the costly repairs. This revelation led her on a journey to understand the intricacies of her insurance policy and what it truly protected. Understanding Homeowners Insurance CoverageHomeowners insurance is your financial guard against unexpected events. It’s crucial to understand your policy, especially regarding foundation coverage. Many policies cover damage from specific events like fires or burst pipes, but wear and tear, poor drainage, and faulty construction often aren't included. Common Foundation Issues in OklahomaOklahoma's soil can expand and contract with moisture changes, causing foundation cracks and shifts. Regular inspections can catch early signs, saving you from costly repairs. Here are some common issues:
What Homeowners Insurance Typically CoversA standard homeowners policy from reputable insurance companies usually covers several key areas, each designed to protect different aspects of your home and life:
Exclusions: When Foundation Damage Isn't CoveredUnderstanding what your homeowners insurance doesn't cover is just as important as knowing what it does. Common exclusions include:
Additional Coverage Options for Foundation RepairsTo ensure your foundation is adequately protected, consider these additional coverage options:
Steps to Take if You Suspect Foundation DamageIf you suspect foundation damage, taking immediate and informed steps can mitigate further issues and help in the claims process:
Get Help from Oklahoma Insurance ProfessionalsUnderstanding your homeowners insurance policy is key to protecting your Oklahoma home. Foundation issues can be complex, but knowing what’s covered and taking proactive steps can save you from financial stress. Regular inspections, proper maintenance, and knowing your policy details are essential. If you need help navigating your policy, making a homeowners insurance claim or want to explore additional coverage options and a variety of homeowners insurance companies, reach out to Oklahoma Insurance Professionals. We're here to help you safeguard your home and make sure you have the right protection and insurance premiums in place. Get a homeowners insurance quote from Oklahoma Insurance Professionals, an independent insurance agency right here in Oklahoma City.
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