Property insurance
SECTION 1 A
We will pay for loss of or damage to the buildings caused by
1 Fire,Lightning,Explosion or Earthquake
2 Smoke
but not loss or damage caused by smog,agricultural or industrial operations or any gradual process
3 Riot,Civil Commotion,Labour or Political Disturbance
4 Collision with the buildings directly caused by any moving object originating outside your home
but not loss of or damage to hedges,gates or fences by falling trees or branches
5 Storm or Flood
but not
a)loss of or damage to hedges,gates or fences
b)loss or damage caused by frost
6 Theft or Attempted Theft
but not
a)loss or damage by any paying guest or tenant
b)after your home has been unoccupied for more than 30 consecutive days
7.Vandalism or Malicious Acts but not
a)loss or damage by any paying guest or tenant.
b)after your home has been unoccupied for more than 30 consecutive days
8 Escape of Water or Oil from any fixed water or heating installation or from any domestic appliance
but not after your home has been unoccupied for more than 30 consecutive days
9 Subsidence or Heave of the site on which the building of your home stands or Landslip
but not
a)loss or damage caused by
i)coastal or river erosion
ii)demolition,structural repairs or alterations to the buildings
iii)defective design,faulty workmanship or the use of defective materials in the buildings
b)loss of or damage to solid floor slads resulting from their movement unless the foundations beneath the external walls of your home are damaged at the same time by the same cause
c)loss of or damage to outdoor swimming pools,tennis courts,patios,terraces,service tanks,
drains,septic tanks,pipes and cables,central heating fuel storage tanks,drives,footpaths,garden walls,hedges,
gates or fences unless your home,an outbuilding or garage is damaged at the same time by the same cause
d)the amount of the "Subsidence" excess shown in the schedule which will apply to any claim for subsidence or heave or landslip
B 1 Plumbing installation
We will pay for damage to any part of the plumbing installation in your home caused by freezing or bursting
but not
a)if the installation is outside or in an outbuilding
b)loss or damage due to rust,corrosion or wear and tear
c)after your home has been unoccupied for more than 30 consecutive days
2 Service Pipes and Cables
We will pay for accidental damage for which you are legally responsible to underground drains,
pipes,cables and tanks providing services to or from your home
3 Glass and Sanitary Wear
We will pay for accidental breakage of fixed glass in windows,
in windows,in doors or in roofs,fixed ceramic hobs or fixed sanitary ware in your home
but not
a)breakage by any paying guest or tenant
b)after your home has been unoccupied for more than 30 consecutive days
4 Fees and Clearance Costs
We will pay
a)the cost of architects,surveyors,consultants and legal fees
but not fees for preparing any claim under this policy
b)costs to clear the site and make it and the buildings safe
necessarily incurred with our consent in the repair or reinstatement of the buildings following damage recoverable under this section
5 Local Authority Requirements
We will pay the extra cost of reinstatement or repair of the damaged part of the buildings incurred solely to comply with any government or local authority requirement,
following damage recoverable under this section
but not if such requirement had been advised to you before the damage occurred
6 Alternative Accommodation and Rent
We will pay in addition to any other amount recoverable under this section
a)if you occupy your home
the cost of reasonable alternative accommodation for you
your family and domertic pets
b)if your home is lent or let
rent you would have received but lose
while your home is unfit to live in following damage recoverable under this section
Any claim payment will not be more than 20% of the sum insured by this section
7 Sale and Purchase
a)if you are selling your home the purchaser will have the benefit of the insurance
by this section up to the date of completion provided the buildings are not otherwise insured
b)if you are purchasing another private dwelling your new dwelling will be insured by this section
for up to three months from the date contracts to purchase are exchanged or in Scotland the date of the acceptance of offer
but not
i)if it is otherwise insured
ii)after completion of the purchase
iii)for more than 125% of the sum insured by this section.
BASIS OF CLAIMS OF SETTLEMENT
1 We will pay the cost incurred in reinstatement or repair of that part of the buildings
which is damaged by any of the causes insured by this section without any deduction for wear and tear,
provided that at the time of such damage the buildings are in a good state of repair
2 If the damage to the buildings is not reinstated or repaired or the buildings are not in a good state of repair then we will pay at our option
a)the cost of reinstating the damage less a deduction for any wear and tear or betterment,or
b)the difference between the sale value of your home in the open market immediately prior to the damage and its residual value following such damage
3 The most we will pay for any one claim will be the total sum insured shown in the schedule plus any amount payable under paragraphs B5,B6 and B7 of this section
4 The sum insured will not be reduced by a claim payment
5 Any claim settlement for loss or damage will be reduced by the amount of any excess shown in the schedule
YOUR LIABILITY AS PROPERTY OWNER
We will pay all sums for which you become legally liable arising solely from your ownership of your home and its land,
or from any private dwelling previously owned and occupied by you for accidental
a)death of or bodily injury to any person
b)loss of or damage to material property
occurring during the period of insurance shown in the schedule
but not liability
i)for death of or bodily injury to any member of your family or domestic staff
ii)for damage to property belonging to or in the custody or control of you,your family or domestic staff
iii)arising from
1)any profession,business or employment
2)an agreement unless that liability would have existed otherwise
Any claim payment resulting from one incident will not be more than ￡1,000,000
We will also pay costs,expenses and legal fees necessarily incurred with our written consent.
CLAIMS CONDITIONS WHICH APPLY TO THE WHOLE POLICY
1 Notification of a Claim
When you become aware of a claim or potential claim under this policy you must give us notice in writing as soon as reasonably possible
2 Loss or Damage Claims
For any loss or damage claim you must
a)at your expense provide us with such information and evidence as we may request including written estimates and proof of ownership or value
b)notify the police immediately of any loss or damage by deception,theft,attempted theft,vandalism,
malicious acts,riot or civil commotion or if any property has been lost outside your home
3 Liability Claims
For any liability claim you must
a)send us any letter,claim,writ or summons in connection with the claim or potential claim immediately it is received
b)not admit,deny,negotiate or settle a claim without our written consent
4 Abandonment
No property may be abandoned to us
5 Enforcing your Rights
We may at our expense and in your name take any steps necessary to enforce your rights against any other person either before or after we pay a claim
6 Other Insurances
If there is any other insurance covering the same loss,damage or liability we will only pay our proportionate share
CONDITIONS WHICH APPLY TO THE WHOLE POLICY
1 Policy Terms and Conditions
You and any other person entitled to benefit under this policy must comply with its terms and conditions
2 Prevention of Loss
You must take all reasonable steps to
a)prevent loss,damage or accident
b)maintain the insured property in sound condition and good repair
3 Cancellation
a)You may cancel the policy by giving us notice in writing and we will make a refund of premium paid
for any unexpired period of insurance unless a claim has been made during the current period of insurance
b)We may cancel the policy by sending seven days notice by letter to your last known address
when we will make a refund of the premium paid for any unexpired period of insurance
c)If the premium is payable by monthly instalments and payment ceases we will give you seven days notice as provided in paragraph b) above.