Almost any insurer should offer cover as long as you declare the building history first. The insurers may well send someone to do a survey, but just because the building has experienced subsidence in the past is not an exclusion for offering insurance. You may pay a higher premium but almost any insurer should still offer cover, subject to survey.
99.999% of the companies out there will exclude subsidence. You can still get property coverage for fire, theft, etc, however. I would contact your local agent, provide them the engineering reports and see if there is possibility of having that waived. You must report the prior info, as it is relative to any potential claim, but most companies only rate for the past 10 years. And if you have reports backing up your claim that the property is fine, you should be good to go.
Find out, also, about Earthquake insurance. That would probably be more applicable to this instance, especially since subsidence is usually precipitated by earth movement.
I would contact BIBA and ask for details of an insurance broker. (BIBA have a non-standard house insurance scheme available to all their members which can cover subsidence – however there may be a requirement for a survey)
This is very important for any non-standard insurance need.
In fact it is advisable for any insurance requirement.
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The original Insurer will be able to offer cover, they may exclude subsidence cover, or offer cover but with an increased subsidence excess.
Almost any insurer should offer cover as long as you declare the building history first. The insurers may well send someone to do a survey, but just because the building has experienced subsidence in the past is not an exclusion for offering insurance. You may pay a higher premium but almost any insurer should still offer cover, subject to survey.
99.999% of the companies out there will exclude subsidence. You can still get property coverage for fire, theft, etc, however. I would contact your local agent, provide them the engineering reports and see if there is possibility of having that waived. You must report the prior info, as it is relative to any potential claim, but most companies only rate for the past 10 years. And if you have reports backing up your claim that the property is fine, you should be good to go.
Find out, also, about Earthquake insurance. That would probably be more applicable to this instance, especially since subsidence is usually precipitated by earth movement.
I would contact BIBA and ask for details of an insurance broker. (BIBA have a non-standard house insurance scheme available to all their members which can cover subsidence – however there may be a requirement for a survey)
This is very important for any non-standard insurance need.
In fact it is advisable for any insurance requirement.