IF you have had a claim for subsidence or ground heave in the past then you will need specialist insurance and this is how to save money on buying subsidence insurance.
The first thing you need to do is bypass the big names and adverts you see on television – names like Direct Line, Money Supermarket, Confused and Hastings. The fact is that they are not ideally placed to supply subsidence insurance because they are large scale standard home insurance. And any form of cracked walls or heave is not taken as a standard risk.
In the case of the big price comparison sites they are not built for this sort of business. They will still take all your information but because their systems are based on getting the minimum information as fast as possible and getting quotes back to you, they simply do not go into the depth needed to give competitive quotes.
That’s not to say that the above cannot quote you and offer you insurance cover at a price. They may well be able to but because you have had subsidence, you are not their core business. It’s a bit like going to a Chinese restaurant for fish and chips. You can buy them but you’d have been better off going to a traditional chippy. I think you probably get what I mean…
What you need is a specialist broker or insurer that will deal with the issues behind subsidence and understand what remedies have been put in place and price your insurance accordingly. These are not the easiest brokers to find sometimes, largely because they do not have the marketing budgets of the big names in the mass market. Instead they languish on the lower pages of Google fighting for their voice whilst being very good at what they do.
That is where The Property Insurer comes in. It links you to three subsidence insurance experts with real underwriting ability to provide you with the insurance and cover you need at a realistic price. Instead of massive excess charges, you’ll be given something realistic that you would not need a new mortgage to cover.
And if you have taken action to fix and prevent damage in the future then these brokers and insurers will understand that and give you credit. They only want to get a realistic cost for the risk, nothing else.
Once you’ve got hold of a good subsidence insurance specialist it is easy to see the difference with the big name TV advert brands and you will save money.
The Property Insurer