Month: January 2024

Homeowners’ insurance creates peace of mind for many people. Many people would be ill-prepared to pay out of pocket for many unexpected events regarding their homes. Homeowners insurance provides a lot of bundled coverage areas. Homeowners are able to get coverage for many things that would be difficult to handle without the help of homeowners insurance. Our Jacksonville, FL team at Skyline Insurance LLC is committed to helping residents understand homeowners insurance. 

What is homeowners insurance?

Homeowners insurance is property insurance with many different forms of coverage that pertain to liability, your home’s interior and exterior, your land, assets, and any other structures on your property. It’s bundled coverage meant to cover many different things related to your house, property, and assets that fall under the heading of homeowners insurance. However, as with any insurance policy, the terms of coverage are explicitly outlined and should be understood thoroughly by the homeowner. 

Will homeowners insurance cover the repair of my cracked foundation?

It depends. Homeowners insurance will cover the repair of your foundation if it was damaged as a result of a covered event or circumstances. Normal wear and tear, neglect, and other circumstances that could result in damage to your foundation often aren’t covered by homeowners’ insurance. However, there are some situations that would meet the terms of your homeowners’ insurance policy that would allow your foundation to be covered for repair. Typically, a homeowners insurance policy will pay for damage caused by some natural events. However, floods and earthquakes are excluded. It will also cover structural damage depending on how the damage came about.

We Are Here To Help

If you have questions regarding homeowners insurance and what’s covered, we’d be happy to answer them. Give our Jacksonville, FL team at Skyline Insurance LLC a call. We’re standing by.