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.
This is a search of the coal authority's records of past mining activity to establish whether the property is on land which is at risk from mining subsidence.Click here to see an example coal mining search result.f the property is in a coal mining area then it may be affected by subsidence caused by underground mining. All mortgage lenders will expect a search to be carried out in order to comply with CML guidelines.