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Insurance Definition: MINE SUBSIDENCE COVERAGE

By Compuquotes Team on March 27th, 2008

MINE SUBSIDENCE COVERAGE:

Definition:

  • An endorsement to a homeowners insurance policy, available in some states, for losses to a home caused by the land under a house sinking into a mine shaft. Excluded from standard homeowners policies, as are other forms of earth movement.

Information provided by Insurance Information Institute

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