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Back to Basics: The ABC's of Filing A Claim for Your Crumbling Basement

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A Apply

B Be proactive

C Complete the application

D Determine Your Type of Claim

E Evaluate/Estimate Your Out of Pocket Expenses

F Find a Foundation Replacement Contractor

G Gather documents

H Home Inspector

I Insurance Claim (denial or acceptance)

J Jump on Collaborating Insurers Website/CROG Gap Funding to establish eligibility

K Know the [...]

CFSIC Cements Its Leadership Role in Crumbling Basement Advocacy with Impressive 2021

Home with a Crumbling Basement

Many milestones were met or exceeded this year in the efforts to aid homeowners with crumbling basements in Eastern and Central Connecticut.   Amassing funds from state bond allotment, the Healthy Homes surcharge, interest, and donations, the [...]

Concrete Disclosure. No Digging Required. It's Your Agent's Job to Know it, Read it and Share it.

Homeowner

“I am really disappointed and quite frankly a little angry. My husband and I went to go look at 27 Snipsic Lake Road in Ellington, CT. We were going to make an offer, but thankfully my husband did some digging and found out the house has a foundation issue. I think it is sneaky and probably illegal not to disclose that information to

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Number of Crumbling Basement Pending Claimants Approaches 600

crumbling basement in willington ct

As a local real estate company in Mansfield we are experiencing increasing contact with homeowners new to the pending claimant status at Connecticut Foundation Solutions Idemnity Company (CFSIC).   Confusion abounds about the meaning of this status and the implications for sellers and buyers. 

Although CFSIC has been very clear about what a pending claimant is and is not, it seems people are either not reading or failing to grasp the concise and plentiful information that flows [...]

Crumbling Basements by the Numbers

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The annual report and audit report for Connecticut Foundations Solutions Idemnity Company (CFSIC) was published recently on the CFSIC website and it is chock full of information and some great infographics that convey the information in a concise and easy to read  format.  Here are some takeaways:

40 Number of Northeast CT towns affected

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Crumbling Credit Scores: Proposed Bills Seek to Alleviate Credit Hit to Underwater Homeowners

Crumbling Basement Wall

Testimony was accepted in the public hearing held February 7th on bills proposed to aid victims of crumbling foundations.  Two of the bills involve the protection of homeowners with crumbling basements who are at risk of having their credit negatively impacted via a deficiency judgment under many scenarios.  There was no surprise in who [...]

Concrete Heat: CFSIC Launch Date, Recent Court Cases, Amended Real Estate Disclosures, Traveler's Insurance Steps Up

Foundation Issues

The Connecticut Foundation Solutions Indemnity Company (CFSIC) has announced a new launch date of January 10, 2019 for claim applications for Type 1 and Type 2 repairs.  After a robust comment period there were changes made to the original underwriting and claims management [...]

Crumbling Basement Captive Insurance Launch Delayed Due to Volume of Public Comments

Crumbling Basements: Are You A Victim

The launch date of the CT Foundation Solutions Idemnity Corporation Inc (CFSIC) website will not occur as expected on November 15.   According to the update the postponement is expected to be about thirty days and the new launch date will be announced on the CFSIC website.  [...]