7 Thoughts on house is sinking, am i covered by farmers insurance?
  1. Reply
    Beau R
    May 9, 2013 at 2:57 am

    Discuss this with your agent. S/he is the one who can tell you what your policy covers.

  2. Reply
    May 9, 2013 at 3:37 am

    Probably NOT…but you need to contact your agent before it gets any worse!

    Good luck and I hope this helps!

  3. Reply
    May 9, 2013 at 4:18 am

    Doesn’t matter who your insurance is there is a fairly standard policy. I do not think foundation issues are covered. Read your policy.

  4. Reply
    May 9, 2013 at 4:21 am

    Sinking foundation issues are not covered under homeowners insurance in nearly all cases.

  5. Reply
    May 9, 2013 at 5:20 am

    Depends on why it’s sinking. I can’t think of any reason that causes sinking, that’s covered by the farmer’s policy.

    Earth movement, including sinkhole collapse, settling, mine subsidence, non-mine subsidence, etc, are all excluded under the Farmer’s policies.

  6. Reply
    May 9, 2013 at 5:21 am

    earth movement is a standard exclusion on all homeowners policies. the only exception is earthquake and you have to buy an earthquake endorsement and the earth movement has to be caused by a verified earthquake

  7. Reply
    May 9, 2013 at 5:22 am

    Settling and earth movement are both excluded under the standard homeowners policy.

    If you have an earthquake endorsement and the sinking is caused by an earthquake, land shock waves, tremors associated w/ volcanic eruption – you may have coverage.

    However, if you are in the south east where the drought is going on – The drought has caused shifting of foundations – this has been seen in slab built homes and crawl space homes. If this is the cause, it will not be covered.

    You would need to call a foundation repair company and have them give you a quote to repair. They usually come in and put piers under the ground to support the home. It can be very expensive. However, if the house eventually collapses because of the foundation problems – that will not be covered either so ignoring the problem is not a good idea.

    **not legal advice **

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