Landlord insurance in Devizes
Devizes is a handsome Wiltshire market town, Georgian frontages around the market place, the Kennet and Avon canal, and a good deal of period property in the lettings market. Older buildings on the wrong ground bring a slower-moving risk than fire or flood.
Where the risks come from for Devizes landlords
Subsidence is the exposure that worries surveyors here more than tenants. Period buildings on shrinkable clay, particularly after a dry summer or near mature trees, can start to move, and the cracks that follow are expensive to investigate and underpin.
A Devizes example
A Georgian townhouse let as two flats develops diagonal cracking above a bay window after a run of dry summers, and a monitoring survey confirms clay-related movement. The investigation, underpinning and making-good runs well into five figures, a claim only subsidence cover will meet, and one many cheaper policies restrict.
What landlord insurance covers
Buildings cover on a period let should include subsidence, heave and landslip as standard, with a defined excess, alongside the everyday fire, storm and water perils. For a divided house, property owners' liability and loss of rent round out the cover a Devizes landlord actually needs.
Placing it in Devizes with Apex
Period and converted property is worth placing with an insurer who understands old buildings rather than one chasing the lowest terms. Apex matches Wiltshire's period stock to markets that will carry subsidence sensibly, all through one named broker. Authorised and regulated by the FCA; established 2009.
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