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Subsidence & insurance claim

BryanF · 2011-05-18 14:48:36

Hi, can you tell me if an insurance claim for subsidence is successful, must that money be spent on said works ie. engineer is appointed by person to assess amount of work required to correct subsidence (domestic), insurance company pays out. is there any onus on that person to spend this money. In this situation the…

18-05-2011 2:48pm

#1

BryanF

Moderators, Home & Garden Moderators Posts: 10,146 Mod ✭✭✭✭

Join Date: October 2010

Posts: 9850

Hi,
can you tell me if an insurance claim for subsidence is successful, must that money be spent on said works

ie. engineer is appointed by person to assess amount of work required to correct subsidence (domestic), insurance company pays out. is there any onus on that person to spend this money.

In this situation the person is considering retro-fitting home and: if the amount of money was substantial maybe demolishing would be worth considering..

thanks for yer help

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