Subsidence

Jargon Buster

January 9, 2020

Jargon Buster

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Subsidence

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 causing damage to a property.

Subsidence 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