Connecticut Supreme Court to hear arguments about crumbling foundations insurance coverage
Attorneys for homeowners and several
As many as 34,000 homes could be affected by crumbling concrete foundations. A mineral, called pyrrhotite, that breaks down when exposes to oxygen and water is partially to blame for the issue, according to state reports.
Insurance companies have denied homeowners' claims that their foundations are failing, saying that the issue does not fall into their definition of collapse. Homeowners have been left to foot the bill for the repairs -- which often cost more than
Lawyers for the affected homeowners contend that the insurance companies should cover the damage to the foundations because the houses become unstable and at risk for a collapse.
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