Subsidence cover can be added or removed, as required, from your business insurance policy. Subsidence usually happens when the soil, which is usually clay based, on which a building is built, shrinks or swells and does depend on the weather conditions for this to happen. The cover should protect you from your property suffering structural damage which is classified as landslip, ground heave and ground movement.
- Subsidence is a downward movement of the ground supporting the building
- Heave is an upward movement of the ground supporting the building
- Landslip is the movement of land down a slope