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Your search for Annual General Insurance Overview Statistics 2014 resulted in 5 hits

• FAQ

  What about if I am selling my property. Will the new owners be able to access insurance?

  Talk to your insurer as they can normally agree to continue to insure the property for the purchaser.

• How subsidence can affect your home – what you need to know

  Subsidence can be a worrying problem affecting your property, potentially endangering the structural safety of your home and its market value. Your home insurance can normally help deal with the…

• FAQ

  Will my home insurance cover subsidence?

  Yes, your main home and outbuildings are covered for damage due to subsidence, heave and landslip under a standard home insurance policy.  Most policies will have an excess of around £1,000 for a subsidence claim (an excess is the first part of each claim that you will be responsible for covering). However, if you have had subsidence previously, then the excess could be higher (see below).

• FAQ

  If I have claimed for subsidence damage will I still be able to get affordable buildings insurance in the future?

  Subsidence claims can be very expensive, so certainly could affect the cost of future property insurance, and the level of any policy excess. An insurer will need to assess the risk, but ABI member companies are committed to working with policyholders to manage any subsidence risk and maintain cover. 

  Where a claim arises, the insurer handling the claim will, in the majority of cases, continue to provide subsidence cover on the property after the repair is completed, as long the repair has been carried out under their direction, or with their approval.

  However, there may be circumstances where continuation of cover is not possible in which case you should shop around to find alternative cover and consider using a specialist broker (see Useful addresses).

• Subsidence

  Subsidence is when the foundations of a property begin to sink into the ground below the building.