Ground Engineering magazine reports that the long, hot, dry summer means insurance companies need to be prepared for a rise in claims.
So far this year, the UK has seen long dry spells of weather and it looks like it could be another subsidence surge year with the associated rise in insurance claims.
The industry needs to ready itself, is the message coming from the ASUC Executive Director, Rob Withers.
“This year is going to a surge year for subsidence after the hot and dry weather, and with little rainfall, all the indicators are there,” says Withers. “Subsidence has become something of a forgotten peril on the insurance radar until this year where it will be back to the top of the agenda.”