Whether or not your apartment insurance will cover expenses related to damage caused by nearby property excavation or soil instability would depend on the terms and conditions of your specific insurance policy. Generally, apartment insurance policies typically provide coverage for damages caused by certain specified risks such as fire, theft, and certain natural disasters.
Damage caused by nearby property excavation or soil instability may fall under the category of "property damage" or "structural damage," so it is possible that your policy might cover it. However, it is important to review your insurance policy or contact your insurance provider directly to get a clear understanding of the coverage they offer and if such damages are included.
Additionally, if the damage was caused by the negligence of a third party (such as a construction company) or if the property owner is liable for the instability, you may also want to explore whether you have any legal recourse against them to recover the expenses. Consulting with an attorney or a professional in the insurance industry would be advisable to understand your options better.
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