SubEx

The UK is one of the few countries that insures its properties, residential and commercial, against the risks of subsidence, heave or landslip. In recent years the extremes of weather such as hot summers have increased the incidence of subsidence claims quite significantly. Commentators and pundits are predicting that this situation is going to worsen as we experience more extremes of weather, making subsidence cover with it's excess of at least £1,000 increasingly important.

Covering your excess

If a subsidence claim is made then you will normally have to pay the first £1,000 (some policies have £2,500 or more) of any settlement so it is well worth while insuring against paying the excess. At a time when the incidence of subsidence claims is increasing insuring against paying the first £1,000 or more makes sense.

For as little as £ 28.25 per annum you can insure the subsidence excess on your property be it residential or commercial