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Insurance For Underpinned Commercial Property
Underpinned property insurance is for buildings that have had structural support work because of subsidence, movement or foundation issues. Insurers usually need more evidence than a standard property enquiry because the history, cause of movement and quality of repairs can materially affect terms.
Evidence To Prepare
- Structural engineer reports and repair details
- Date and cause of subsidence or movement
- Monitoring records and current condition
- Previous claims and insurer correspondence
Cover To Review
- Buildings and property owners liability
- Subsidence terms, excesses or exclusions
- Loss of rent and business interruption
- Legal expenses and tenant-related cover
Related Pages
Use with subsidence and structural damage insurance, commercial property insurance, mixed occupancy property insurance, property portfolio insurance and non-standard commercial insurance.