Home Environmental Insurance

Save time, remove uncertainty and complete your transaction

GroundSure environmental search reports are an easy and robust way of identifying contaminated land ensuring purchasers make informed buying decisions. However, where these search reports provide an assessment that states the residential property is “In Need Of Further Assessment” this can entail lengthy consultations with the local authority and other parties to close out the possible issues. In addition to time delays, further costs can be incurred in the course of making such further enquiries.

To avoid these uncertainties, GroundSure has worked with Countrywide Legal Indemnities*, a market leader in provision of legal indemnity services and products, to offer a solution in the form of an environmental insurance policy that will be the safest and quickest route to a fast completion for a fixed cost.

Purchased with the GroundSure Homescreen or GroundSure Homebuyers, for an extra £50 (incl. IPT and insurance handling fee) the GroundSure Home Environmental Liability Insurance Policy provides insurance cover regardless of the outcome of the environmental search report.

A unique 15 year insurance policy against costs associated with statutory contaminated land under Part 2A of the Environmental Protection Act 1990.

Key features include:

available with the GroundSure Homescreen and GroundSure Homebuyers;
cover for 15 years for the policyholder, and for any lender then the full term of any mortgage or charge;
provides a £1,000,000 indemnity insurance policy covering remediation and associated cost;
the insurance cover is provided for the property and not the named owner/s making transfer to future purchasers simple.

More information on GroundSure Home Environmental Liability Insurance Policy

* Countrywide Legal Indemnities is underwriting business solely on behalf of Liberty Legal Indemnities at Lloyd’s. Liberty Syndicates at Lloyd’s is one of the world’s largest commercial insurers who have a Financial Stability Rating with Standard and Poor’s of A+ (strong). Lloyd’s is the world’s leading market for specialist insurance and covers some of the world’s largest, most individual and complicated risks.

GroundSure Ltd is an Appointed Representative of Ten Insurance Services Ltd which is authorised and regulated by the Financial Services Authority.