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By Louise Devlin |
Your home is likely to be the largest asset many of us ever own in life, so it is essential to protect it with the right insurance. But what happens when your home doesn’t fall within standard risks? Many people only discover that their home is classified as “non-standard” for insurance purposes when they try to get a quote and are refused by an insurer.
List of Criteria that will Classify your Home as Non-Standard for Insurance Purposes:
1. Unusual Construction
Homes made from unconventional materials or built in a unique way might not fit the standard insurance criteria. This could include properties with a flat roof, timber frames, log cabins, or unusual architectural features. Since these homes may pose different risks than traditional brick or concrete structures, insurers might classify them as non-standard.
2. High-Risk Locations
If your home is situated in an area prone to natural disasters like flooding, subsidence, or coastal erosion, insurers may consider it non-standard. Properties in flood zones or areas with a history of landslides often require specialized insurance coverage due to the increased risk of damage.
3. Previous Claims History
If your property has a history of frequent insurance claims or extensive damage, insurers may categorize it as non-standard. This could include homes with multiple previous claims for issues like water damage, fire damage, or burglary.
4. Unoccupied or Vacant Properties
Homes that are left unoccupied for extended periods, such as holiday homes or properties awaiting sale, may be considered non-standard. Insurers view unoccupied homes as at higher risk of damage due to potential vandalism, theft, or maintenance issues going unnoticed.
5. Mixed-Use Properties
Properties that serve both residential and commercial purposes, such as home-based businesses, bed-and-breakfasts (including Airbnb), may not fit the standard criteria for home insurance. Insurers may require specialized coverage to account for the increased liability and unique risks associated with mixed-use properties.
6. Listed Buildings or Heritage Properties
Historic homes or properties listed as protected structures often require specialized insurance coverage due to their unique architectural significance. Insurers may classify these properties as non-standard due to the higher cost of repairs or restoration in the event of damage.
7. Homes Used As A Workplace
If you have a small business that you operate from your home you may need to secure working from home cover. This covers small businesses such as beauticians, solicitors, music teachers, personal trainers etc. provided there are not more than 30 callers per week and 2 or less employees.
If your home falls into any of the above criteria, our experienced team at Arachas will be best placed to find you the right insurer and protect your home.
Contact our team today on 01 282 7108 to secure your non-standard home insurance quote today.