JUST because your property has suffered in the past doesnÂt mean that subsidence insurance will cost you the earth, you just need to speak with specialist brokers and get the best deal possible.
Subsidence is a nightmare for most people and while standard home insurance will cover it in most cases when it happens for the first time, the excess is normally Â£1000 or more and can hit your wallet hard.
When you have had a previous claim, your only option is to get specialist cover when you need to renew your insurance. If you play dumb and donÂt mention a claim to try and get a lower price then if you ever do need to make a claim of any kind you could have it rejected and then be refused insurance in the future for telling lies Â and that really will cost you. DonÂt do it.
Instead, speak with a specialist broker or tow or three. Tell them what happened, explain the remedial works and in a lot of cases because it has been dealt with professionally and has guarantees the cost of insuring moving forward is not that much different from a standard home policy anyway. That is the beauty of talking to people who know what they are on about; they understand and make adjustments accordingly.
So tell them everything you can and that will ensure they offer you the best price. The only way to make sure that they are competitive though, is to compare their prices with other specialist providers to ensure that you know what the real market rate for your property is.
The very easiest way of comparing specialist subsidence insurance providers is to visit www.thepropertyinsurer.co.uk and go through the quick quote form there. It takes around 90-seconds to fill in and essentially collects your basic details and contact information.
That is then sent to three of the best subsidence insurance specialists in the UK who will then race to call you and quote you. They will take a few minutes of your time each as they need to ask questions, but be patient and normally within an hour of submitting the quote you will have at least two, if not three prices with excesses to compare. You can then pick the best one to meet your needs in confidence you have compared the best providers.
ThatÂs how you get subsidence insurance without paying too much.
The Property Insurer