Every property is special, but some have unique features that require extra protection and aren’t covered by standard insurance policies. Read on to see if your property qualifies for non-standard insurance.
There are many factors that class a property as being non-standard from an insurance point of view. Perhaps your property is worth over £3 million, has a flat roof, or is built with timber frames. Maybe you live in a flood-risk area, have wind turbines, or a swimming pool in your back garden.
If your property has any of the above features, you may require non-standard property insurance. Your property’s location, unique structural characteristics, value and other factors may make it eligible for non-standard property insurance.
So, does your property qualify for non-standard insurance? Take a look at our checklist below to find out.
You may need non-standard property insurance if any of the following apply:
* The property’s total value is in excess of £3 million
* Extensive or non-standard renovation has taken place on the property
* There are unusual materials used in its construction, including timber and steel frames or pre-fabricated and non-combustible materials
* Subsidence has previously affected the property and remedial work, or underpinning has been carried out
* The property is of historical significance or grade-listed
* The property has on-site sports facilities, like a swimming pool or tennis court
* The property has unusual roofing, including thatching, shingle and flat roofs
* The property is left unoccupied for long periods of time
* The property is situated in a flood-risk area
* The property is in a conservation area
* The property is an eco-home – it may have solar panels and wind turbines
* The property is used for business purposes
* The property is used as bed and breakfast accommodation.
The category of non-standard properties also includes properties undergoing building works or renovations, customers with ongoing or previous claims, convictions or CCJs, second homes, properties occupied by Foster Carers, shared living and those classed as Multiple Occupancy.
For more information, visit our specialist insurance page or call us on 01524 848506 to speak to a specialist adviser.
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