Insurance payouts

aceq8 wrote on Sun Jul 2, 2023 7:48pm:

  I agree   that you should speak with your insurer  about the   procedure.   If they  have   admitted that  it is admissible under the  policy  then they should   pay    for the cost of repairing your ...

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... damage.      Whether they  can claim  back the cost  of the damage  is  an issue for them only and should not affect  your   claim under the policy.   This is  one  of the advantages of buying insurance as   you  only have to  demonstrate   that a loss has occurred and is  covered  by the policy. Legal action    against    Third Parties  who may have caused  the   damage  is  then  a matter   for the Insurer  to pursue independently   to reduce their loss

dazza70 wrote on Thu Jun 29, 2023 10:32am:

Does anyone know.  I have suffered major damage as a result of demolition and excavation.  My insurance company accept this they have sent assesors however the builder that has caused the damage denies its his fault although it is very clear he has caused it by very deep excavation. The...

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...y are taking them to court. Does anyone know if I will have to wait for the court outcome b4 they carry out the repairs ? This could mean l have to wait years. The owner next door is russian and with the sanctions l think it's an issue to get money out of russia to spain. This could take years so devastated by this.  If anyone has any advice on this it would be very appreciated. Thanks  Gill

dazza70 wrote on Thu Jun 29, 2023 10:32am:

Does anyone know.  I have suffered major damage as a result of demolition and excavation.  My insurance company accept this they have sent assesors however the builder that has caused the damage denies its his fault although it is very clear he has caused it by very deep excavation. The...

Read more...

...y are taking them to court. Does anyone know if I will have to wait for the court outcome b4 they carry out the repairs ? This could mean l have to wait years. The owner next door is russian and with the sanctions l think it's an issue to get money out of russia to spain. This could take years so devastated by this.  If anyone has any advice on this it would be very appreciated. Thanks  Gill

dazza70 wrote on Mon Jul 3, 2023 1:20pm:

Hi

Don't know if you would know , my claim is because they are building a house next door and have excavated more than 3 metres down. The vibration  rattled  all the windows due to heavy drilling and causing paintwork to drop off  and cracks in Ballantrae and outside wall has rack in ...

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...it. The insurance company are now saying thst they wont repair the damage until we ho to court and thst could be years! They are  calling it Subsidence and it is not! Just trying not to pay 

TbNks for any help you can give 

Stephanie86 wrote on Mon Jul 3, 2023 1:34pm:

Did your insurance company agree in writing/email that they would pay your claim, or have they only agreed that they have sent assessors? Did you buy your insurance directly from the insurance firm, or through a broker? If the latter, they will usually deal with the insurers on your behalf. If th...

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...e insurers are being really intransigent, you may have to consult an abogado. Have you any idea of the projected cost of repairs?

dazza70 wrote on Mon Jul 3, 2023 2:11pm:

They have sent assesors 3 in all 1st 1 rubbish 2nd too then 3rd 1 expert. We haven't seen his report yet. We have legal cover and the solicitor has been dealing with this. This is just deep excavation vibration. We have inspected our villa and there is no sign of subsidence as l know it. We have ...

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...so been all round house inside and out with spirit level all perfect good 

dazza70 wrote on Mon Jul 3, 2023 2:41pm:

Sorry did answer properly. We go thru a broker.  Ins Liberty Seguros. Cost prob circa 8k