This agreement of the Association of British Insurers (ABI) relates to claims involving subsidence and/or heave and/or landslip where there has been a change of insurer.
The agreement provides three options for the handling of such claims with the date of notification being the key factor in determining which insurer will handle the claim. The agreement also outlines how contributions should be handled when insurers are to share the cost of settlement. The guidelines consider the practical application of the agreement and provide answers to common questions.
A list of signatories to the agreement is also provided below.