Will Homeowners Insurance Cover Cracked Foundation? 
Although the foundation is not a part of the computation upon which the replacement value of the home is established , it might be covered if there is direct physical loss by one of the named perils -LRB- in the all-risk policy it would be any peril other than those excluded . -RRB- It is very difficult to think of a circumstance where coverage would apply . The mere presence of a cracked foundation is insufficient . 