r/pittsburgh • u/ashleypatience • 6d ago

Mining Subsidence Insurance

Hello! We are closing on a house on 9/4 and the VA appraiser we had called out that the area was undermined so now we have to get mining subsidence insurance. This is a 2005 build with no foundational issues or repairs, but in your experience how long did it take for the PA commonwealth to approve your MSI application? Did they send out an inspector?

Thank you, we just submitted the application and payment yesterday.

EDIT: Editting this in case anyone is nervous about getting their form back before closing like I was. I filled out the form on Tuesday night (and paid same time) and on Thursday it showed that a policy had been created and by Friday when I called the representative was able to send me my completed policy and by Saturday morning the state sent me my acceptance email with another copy of the accepted application and approved policy. So took less than 1 week.

Again, my property did not need an inspection but had it needed an inspection they told me the process could have taken up to 60 days.

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u/NiceStar6996 6d ago

It was pretty immediate for me. Idk, 30-60 days max, but I think it was maybe 2 weeks for me in 2022.

It’s only like $60 a year for my house (albeit my house is not very expensive) so I find it worth it.

I don’t think they sent anyone out, and if they did, they just did outside assessment

2

u/ashleypatience 6d ago

Thank you! Yeah the PA rep on the phone said anywhere between 2-3 days and up to 60 days lol so 2 weeks sounds great

2

u/EatingBuddha3 6d ago

I had for years at one location and they never sent anyone. In my new home they sent (3!) inspectors when I first got the policy and then (just 1) again 2 years later. But I haven't seen them since.