A Guide To Subsidence Insurance For Your Home Subsidence can occur for a number of reasons, and it isnt necessarily refined to homes that are perched on cliff edges or right by the coast. There are many factors that can affect the ground underneath your house. Old mining complexes, the abstraction of water from under the ground, and even the felling of trees adjacent to your property can cause the ground under your house to shift and this, in turn, can lead to subsidence. Signs Of Subsidence Common signs of subsidence include cracks or bulges in your walls and even the sticking of doors and windows or the rippling of wallpaper. If youre buying a new property then a surveyor should be able to accurately determine whether a home is suffering or is likely to suffer from subsidence but if youre already living in the house then it will be down to you to check for the warning signs and then act upon them. Getting Home Insurance Homes that do suffer from subsidence or are likely to in the near future can prove difficult to insure. Insurance companies are notorious for refusing insurance to those properties that are at risk from factors like subsidence and flooding but there is a specialist type of home insurance called subsidence insurance that can cover you against this eventuality. Subsidence Insurance Subsidence insurance may be included in your existing policy as a standard, but this may not necessarily be the case especially if you live in a high risk area. Regular assessments may be required and these can bump up the premium of home insurance especially if you have to add subsidence insurance as an extra feature to your policy. If youre at risk of subsidence then do check your policy and you find that it isnt included then act now to avoid the hefty potential costs in the future. Checking Your Home For Subsidence Subsidence is most common in coastal homes, because the sandy earth under properties is more likely to shift around. However, this is only one possible cause of subsidence and you should check for signs if you believe that your home may be suffering the effects. Subsidence insurance will cover you for repairs and possibly even regular checks.
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