Many homes around the country have a history of subsidence where the property sinks into the ground, and this can cause all kinds of structural problems. If your home has a history of this or if you think it may be at risk then you need a special policy to protect your home from subsidence.
Any home around the country which has a history of subsidence or is showing signs of subsidence need to be properly insured, and regular home insurance may not cover this, even if it happened several years ago. Subsidence is essentially where your home moves or sinks into the ground and is something that could potentially happen to any home which is built on a clay soil, as clay shrinks when it dries. If you know that your home is built on clay then you need to be vigilant, and this includes looking out for signs that subsidence is occurring, such as cracks in the wall which will be visible both inside and outside the home.
Another way you can be vigilant as a home owner is by taking out a house insurance subsidence policy and, whilst this will be expensive it is also necessary to protect your home and cover the costs of any damages that may occur due to subsidence. It is important to know when subsidence occurred before (if it did), why it happened and how it was fixed, because this information can help specialist insurance companies to assess your home. The answers to these questions may need to be provided through the proper documentation such as structural engineer’s reports, home buyer reports or a certificate of structural adequacy.
Any home around the country which has a history of subsidence or is showing signs of subsidence need to be properly insured, and regular home insurance may not cover this, even if it happened several years ago. Subsidence is essentially where your home moves or sinks into the ground and is something that could potentially happen to any home which is built on a clay soil, as clay shrinks when it dries. If you know that your home is built on clay then you need to be vigilant, and this includes looking out for signs that subsidence is occurring, such as cracks in the wall which will be visible both inside and outside the home.
Another way you can be vigilant as a home owner is by taking out a house insurance subsidence policy and, whilst this will be expensive it is also necessary to protect your home and cover the costs of any damages that may occur due to subsidence. It is important to know when subsidence occurred before (if it did), why it happened and how it was fixed, because this information can help specialist insurance companies to assess your home. The answers to these questions may need to be provided through the proper documentation such as structural engineer’s reports, home buyer reports or a certificate of structural adequacy.
