A typical home insurance policy does not cover damage originating from earth movement, settling, shrinking, bulging, or soil expansion, including the resultant cracking of pavements, patios, foundations, walls, floors, roofs, or ceilings.
The Kentucky Mine Subsidence Insurance Fund (KMSIF), administered by the Kentucky Department of Insurance, exists to pay claims for structural damage caused by mine subsidence in the following counties: Bell, Boyd, Breathitt, Butler, Carter, Christian, Clay, Daviess, Edmonson, Elliott, Floyd, Greenup, Hancock, Harlan, Henderson, Hopkins, Jackson, Johnson, Knott, Knox, Laurel, Lawrence, Lee, Leslie, Letcher, Martin, McCreary, McLean, Morgan, Muhlenberg, Ohio, Owsley, Perry, Union, Webster, Whitley, and Wolfe.
In 2010, the Kentucky legislature changed the reinsurance limits provided by the KMSIF. The reinsurance limits for damages to structures due to mine subsidence increased from $100,000 to $300,000 for property policies located in the eligible counties with a policy effective date on or after July 15, 2010.
To contact the KMSIF, their address and phone number are:
Kentucky Mine Subsidence Insurance Fund
P.O. Box 517
Frankfort, KY 40602-0517
502-564-6083 or toll-free 800-595-6053
The TDD line for the deaf or hearing-impaired is 800-648-6053.
Do you have mine subsidence coverage on your home insurance policy?