DMB Community Bank. A long-standing culture of community and entrepreneurship has allowed for multiple independent banks and credit unions in Madison, Wis., to prosper. Although,... Read more âº
Mine subsidence insurance costs $1 per thousand dollars worth of coverage a year. Private residences can be insured for $5,000 to $150,000. Other structures can be insured for up to $250,000. The insurance has a $250 deductible for residences and $500 for other structures. Only the structure can be insured, not its contents.
If you're concerned about subsidence, find out about signs, causes and whether your insurance covers you from home insurer, Admiral. If Homes Under the Hammer has taught us anything - aside from the fact avocado bathroom suites will never make a comeback - it's that subsidence can spell bad news for homeowners.