Get matched with top basement waterproofing pros in Ashland, ME

In most cases, standard homeowners insurance policies cover water damage from sudden, accidental damage, like burst pipes and leaking appliances. However, water damage caused by flooding, groundwater seepage, or heavy rain is likely to be excluded from coverage. Check your policy to be sure, as some plans include opt-in flood insurance coverage. Certain companies also allow homeowners to add an optional water backup endorsement to a policy.

A plastic vapor barrier should completely cover your basement to prevent water from penetrating through the walls. This typically goes before installing insulation to prevent moisture from building up and becoming trapped on the inside of your insulation, where it can collect and lead to mold damage. Installing insulation after the vapor barrier allows for any moisture to exit the walls for better ventilation.

Anything having to do with the structure of your home, such as raising the ceiling, is usually the most expensive part of finishing a basement. Another project component that could be a surprisingly high expense is adding an exterior entrance. 

The cost of a walkout basement can be anywhere from $5,000 to $35,000.

While it’s possible to seal a foundation yourself, it’s not recommended, as it’s a tricky and labor-intensive job. Foundation sealing is best left to the pros to save yourself time, remove the risk of doing it wrong, and keeping yourself safe. Call a foundation repair professional near you to see what the job will cost.