How to Obtain Mine Subsidence Insurance
By statute, all insurance companies writing property insurance in Illinois must provide coverage for mine subsidence. In the 34 counties in which most of the underground mining has been conducted, the statute requires mine subsidence insurance to be included in both residential and commercial policies. Coverage may be rejected in writing by the insured. These 34 mandatory counties are:
- Bond
- Bureau
- Christian
- Clinton
- Douglas
- Franklin
- Fulton
- Gallatin
- Grundy
- Jackson
- Jefferson
- Knox
- LaSalle
- Logan
- McDonough
- Macoupin
- Madison
- Marion
- Marshall
- Menard
- Mercer
- Montgomery
- Peoria
- Perry
- Putnam
- Randolph
- Rock Island
- St. Clair
- Saline
- Sangamon
- Tazewill
- Vermilion
- Washington
- Williamson
In these mandatory counties, mine subsidence insurance is automatically included in the policy. The limit for coverage for mine subsidence is generally the same as the amount of insurance for fire or windstorm. If your property is located in one of the remaining non-mandatory counties, you may add mine subsidence coverage to your policy by contacting your insurance agent or company. The coverage is reasonably affordable and could save you thousands of dollars in out-of- pocket repairs.