Assumption of subsidence risk
Assumption of subsidence risk
- 1995
- Sunday Times 28 May 1995, 5:1(1) .
A survey reveals that most insurers use the number of claims in an area to assess subsidence risk, despite geological maps that show the varying composition of soil under individual houses; almost 1 million households are paying up to 35% too much for buildings insurance.
BRITISH GEOLOGICAL SURVEY
BUILDINGS INSURANCE
GEOLOGICAL SURVEYS
SUBSIDENCE
A survey reveals that most insurers use the number of claims in an area to assess subsidence risk, despite geological maps that show the varying composition of soil under individual houses; almost 1 million households are paying up to 35% too much for buildings insurance.
BRITISH GEOLOGICAL SURVEY
BUILDINGS INSURANCE
GEOLOGICAL SURVEYS
SUBSIDENCE