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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 [...]

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 Concrete Catch Up: Tolland School Foundation Failing And A Plethora of Proposed Bills

Crumbling Basement

Tolland needs to replace the crumbling foundation at the Birch Grove Elementary School sooner rather than later and hope to start construction in 2020.   The section built in 1999 is showing much more deterioration than the section built in 2003 so they hope to complete the repair in two phases, using temporary or portable classrooms during [...]

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 [...]