In Karas v. Liberty Ins. Corp., the insureds alleged that the carrier breached the collapse provisions of their policy by declining to compensate them for the purported collapse of their basement walls. (Photo: Shutterstock)
While acknowledging the "seriousness of the crumbling foundations problem" and the "gravity of the problem" for many Connecticut homeowners, the Connecticut Supreme Court has issued a decision essentially foreclosing insurance coverage for that damage — except in the most extreme cases.
|What lies beneath
In 2010, Steven and Gail Karas purchased a home in Vernon, a small town in Connecticut named after George Washington's Mount Vernon estate that also happens to be home to the New England Civil War Museum.
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