Subsidence insurance cover for underpinned properties
We offer underpinned insurance for properties that have suffered
subsidence and have subsequently been underpinned.
This type of underpinned property insurance is specially
designed to eliminate the difficulties of arranging cover for
properties that have been previously underpinned, which can cause
problems when trying to sell it.
Our underpinned property insurance is designed with you in mind.
We understand that selling a property that has suffered subsidence
can be problematic, which is why we're happy to transfer your
insurance cover to the new home owner. This often results in a
smoother sale, as most mortgage providers require specialist
underpinned property insurance to be in place before the sale is
completed.
Key features of our underpinned property insurance
- Cover for properties that have already suffered subsidence
- Includes subsidence, landslip and heave
- Cover if you want to let out your underpinned property or if it
is your second home
- Complimentary 10% increase cover over Christmas period and
weddings
- We will cover your property if it is listed
Main exclusions of our listed property insurance
- Properties with ongoing subsidence problems (we only cover once
resolved and work on the property has been completed)
- Unoccupied underpinned properties
- Storm damage to fences, gates or hedges
- Damage caused by wear and tear and depreciation
- Loss or damage occurring while home is let or sublet, unless
involuntary forcible and violent entry to or exit from the
home
- The first £250 for escape of water claims, an excess of
2.5% of the buildings sum insured (up to a maximum of
£5,000) for subsidence/heave/landslip claims and £50 for all
other claims
