Subsidence is usually covered under your buildings insurance. If you are searching for a new insurer then you may well have to contact a specialist insurance provider such as HomeProtect to obtain cover, since most standard insurers will refuse a property known to be suffering from subsidence. This is also the case for properties with a history of subsidence. On that note, if you are looking to buy a property then check the surveyor’s report for any signs of subsidence in the past.
The Association of British Insurers (ABI) has an agreement with all its members that if subsidence is identified within eight weeks of switching provider, your previous insurer has responsibility for handling the claim.
We had many refusals to insure because of historic settlement. HomeProtect has been easy to deal with and reasonably priced. No issues, no complaints and so far no claims.
Mr Jones, Norwich6 March 2017