Our specialists will need to know details of your circumstances and your property, and so it is helpful if you are able to have this information to hand.
They will be interested in the causes of the problem, whether this is likely to re-occur (i.e is the area prone to subsidence), the conditions of neighbouring properties (particularly if they are attached to your property) and the view of a qualified surveyor.
Subsidence Insurance Please Note : Once your property has suffered from subsidence it is the case that most insurers will require a full structural report of the whole property, and not just the affected area, from a qualified surveyor. This is because damage to one part of the home can cause unseen problems in another part.
From Summer 2013, we have been able to offer many customers subsidence buidlings insurance without a survey. Our underwriters estimate that less than a third of our customers will be required to produce a survey.
Our home insurance specialists will use their expertise to hopefully find you some buildings and contents insurance that recognises your subsidence at a resonable premium.
Whilst you may have to pay more for your buildings insurance than you did before, because of the specialist nature of your case, at least you’ll have the peace of mind of knowing you are insured.
Also, if you have a mortgage on your property, it is a condition of your mortgage that your home is properly insured. Your mortgage lender will want to ensure that you have a sufficient level of buildings insurance cover. You have a duty to make your mortgage lender aware if you do not have buildings insurance on the property.