Does Home Insurance Cover Subsidence?
It may depend on the country of your residence whether or not you will need to have insurance cover subsidence problems. It may be more common to find areas deemed as higher risk for subsidence in countries such as the U.K. rather than places such as the U.S. or Canada. For this reason, finding a company that will cover the costs of subsidence insurance may be a difficult task. In the U.K. if an insurance company does not cover subsidence, the Association of British Insurers recommends that people go through a broker to get the best deal. What is subsidence and how can you determine if you need to get insurance? If you live in an area that has clay soil, home insurance to cover subsidence will be an important investment to look into. Things to look out for with home insurance subsidence should be: – are there any cracks or bulges popping up in your walls? – do your doors and windows often stick? – have you noticed your house foundation sinking? – or do you notice any ripples appearing
