Mine Subsidence Damage
Large cracks in sidewalks, driveways and walls may indicate mine subsidence. They may also be indicative of changes in soil conditions or construction failures.
An Important Message for Property Owners:
Watch this 11-minute video documenting the experiences of homeowners affected by mine subsidence. Their unscripted accounts provide insight on what to expect should your property sustain mine subsidence damage.
“The Fund is not a State agency. It is the product of statute created by the General Assembly, but it is a private enterprise funded by private dollars and an example of a public/private partnership.”
Michael McRaith, Former Director: Illinois Division of Insurance
The Role of The Fund
The Illinois Mine Subsidence Insurance Fund is a taxable enterprise created by Statute to operate as a private solution to a public problem. The purpose of the Fund is to assure financial resources are available to owners of property damaged by mine subsidence. The Fund fills a gap in the insurance market for the benefit of Illinois property owners at risk of experiencing mine subsidence damage.
The Fund does this by:
- Providing reinsurance to insurance companies for damage caused by mine subsidence
- Conducting geotechnical investigations to determine if mine subsidence caused the damage
- Supporting and sponsoring mine subsidence related research and initiatives consistent with the public interest
- Educating the public and the industry about mine subsidence and related issues.
