If an earthquake has recently impacted your area, there is a chance that your home's foundation is damaged. If you have noticed cracks in the foundation or other tell-tale signs of damage, then you might be wondering what your next steps should be. Even if the damage seems to be fairly minor, it is important to have foundation repair work done as soon as you can after an earthquake. This is true for the following reasons and more.
Your Insurance Company Might Cover It
First of all, you might be really concerned about how much it will cost to repair your home's foundation. You might assume that you will be the one who has to pay for it, but if the foundation damage was caused by an earthquake, there is a good chance that it will be covered by your homeowner's insurance policy. If this is something that you would like to learn more about, contact your insurance agent to find out more about what is and is not covered by your policy and to get help with submitting a claim.
Your Home's Value Could Be on the Line
Even minor foundation damage can cause a home's value to be seriously impacted. If you put your home up for sale, there is a chance that those who come and look at your home will notice the problem, particularly if the earthquake caused serious damage. If the damage is more minor, however, it might be pointed out by a home inspector. Either way, your home might not appraise as well or bring in as high of an offer if it has unresolved earthquake-related foundation damage.
You Might Be at Risk if Another Earthquake Happens
Right now, all you might be able to think about is recovering from the earthquake that just happened. However, if you live in an area where earthquakes are common, it is important to be prepared for any future earthquakes that might occur. If your home already has foundation damage, there is a chance that your home will not be as sturdy and strong in the event of another earthquake. This means that the damage could get worse, or you and your family could even be at risk of your foundation collapsing during a future earthquake. If you want to ensure that your home is as safe as possible in the event of another earthquake, you'll need to have any existing foundation damage taken care of as soon as possible.
For more information about residential foundation repair, contact a local repair service.Share