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Subsidence claim on previous property on site
Richie_101
Posts: 3 Newbie
Hi All,
I'm in the process of buying a house in a former mining area and a Coal Mining Report has highlighted a subsidence claim that was put into the National Coal Board for a previous property that stood on the site.
The claim was made, investigated and refused in 1995 and since then the house has been demolished and the current house built (including new footings to updated standards) in 2004.
Should I be declaring this unsuccessful subsidence claim to insurance companies when applying for buildings insurance? I am reluctant to do so given that the claim was 20 years ago, unsuccessful, and on a different house.
Any advice on this matter would be gratefully received.
Thanks.
Rich,.
I'm in the process of buying a house in a former mining area and a Coal Mining Report has highlighted a subsidence claim that was put into the National Coal Board for a previous property that stood on the site.
The claim was made, investigated and refused in 1995 and since then the house has been demolished and the current house built (including new footings to updated standards) in 2004.
Should I be declaring this unsuccessful subsidence claim to insurance companies when applying for buildings insurance? I am reluctant to do so given that the claim was 20 years ago, unsuccessful, and on a different house.
Any advice on this matter would be gratefully received.
Thanks.
Rich,.
0
Comments
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If you don't declare it I highly doubt an insurer will pay out for subsidence. Are you willing to take that risk? You may as well be uninsured.
It's on the coal mining report the insurer will find that if you claim for subsidence so you can't say you didn't know.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
Do you know on what grounds it was declined?0
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What does the question the Insurer you're looking at ask about subsidence?
You need to post the exact wording of the question0
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