USAA is a leading provider of car and homeowners insurance, as well as other financial services. Founded in 1922, USAA is one of the oldest and most respected insurance companies in the United States. As part of their commitment to providing the best service possible, USAA offers a wide range of coverage options, including coverage for foundation repair.
What is Foundation Repair?
Foundation repair is the process of strengthening and restoring the structural integrity of a home’s foundation. It is typically required when a home’s foundation has been weakened or damaged due to soil erosion, poor construction, or extreme weather conditions. Foundation repair is often necessary to ensure the safety and stability of a home, and the cost can be quite high.
Does USAA Insurance Cover Foundation Repair?
Yes, USAA insurance does cover foundation repair. USAA offers coverage for foundation repair in their homeowners insurance policies, as well as coverage for other kinds of property damage.
What Types of Foundation Repair Can USAA Cover?
USAA can cover a variety of foundation repairs, including foundation cracks, settling, and heaving. USAA can also cover repairs to the foundation due to water damage, as well as repairs related to extreme weather.
How Does USAA Determine if Foundation Repair is Covered?
USAA insurance policies generally cover foundation repair if the damage is caused by a covered peril, such as a natural disaster or an act of vandalism. In some cases, USAA may also cover damage caused by poor construction or maintenance. In most cases, USAA will cover the cost of the repair, minus any deductibles.
What Does USAA Usually Not Cover?
USAA typically does not cover foundation repair due to normal wear and tear, or due to settling that occurs over time. USAA also usually does not cover repair costs due to poor construction or maintenance. Additionally, USAA may not cover the costs of preventive maintenance, such as waterproofing or soil stabilization.
What Should I Do If I Need Foundation Repair?
If you need foundation repair, the first thing you should do is contact a qualified professional to evaluate the damage and provide an estimate for the cost of the repair. You can then contact USAA to see if the repair is covered under your policy. If it is, USAA will provide the necessary funds for the repair and the cost can be deducted from your premium.