Many homeowners in Missouri are seeing the impact of the drought with cracked walls in the basement, forcing thousands of dollars in repair bills that insurance generally doesn’t cover.
The St. Louis Post-Dispatch reports that basement repair companies are overwhelmed with calls from customers about cracking and shifting foundations.
The drought has drained moisture from the soil for several feet underground. Drying clay shrinks, which undermines support beneath basements.
Firms say the average repair cost is running in the $3,000 to $5,000 range, but some have exceeded $30,000 — costs that homeowner insurance policies seldom cover.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Small Health Insurers Assuming Big Role In Many States Under Obamacare
11 U.S. Weather Disasters in 2012 Cost More Than $1 Billion Each
Encompass Looks to PGA Sponsorship to Improve Brand
Walgreen Agrees to Record $80M Settlement Over Distribution of Painkillers
The Hartford Ordered to Pay $20M to Auto Body Shops
Broker Awarded $ 3.8M Verdict in Reputation Suit
Travelers Eyes Canada Growth with $1.1B Acquisition of The Dominion
Fracking Companies Silence Water Complaints With Sealed Settlements







