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Whether your homeowners insurance covers slab leak repairs depends on your specific policy and the cause of the leak. Many policies cover slab leaks resulting from a covered peril, such as a natural disaster, a falling tree, or pipes freezing and bursting within the slab. However, damage caused by invading tree roots, corrosion, or leaks from appliances may not be covered by a standard policy. It's a good idea to also check your home warranty plan for potential coverage if an appliance is the source. Contact your insurance provider for a full explanation of what your policy covers.

Mold and mildew are the things in basements that actually cause the musty odors, but moisture is the underlying issue that causes mold and mildew growth. Addressing moisture and water problems and then removing materials that are moldy are some of the best ways to get rid of the musty odors. Preventive measures after that—like installing air fresheners and a dehumidifier—can help keep musty odors from returning.

Egress windows or doors are required in finished basements to meet safety and building codes. If your basement is unfinished and used as a storage space, egress windows are not required, but anything considered a habitable space must have an additional point of egress in addition to the stairs.

The process might take a few days to a week, depending on the method chosen, area size, and weather conditions. Some solutions, like simple interior sealants, may require less time.