Changes in the loss adjusting sector could mean that there is a backlog of work in the subsidence remediation market if the weather continues to be dry this summer, the Subsidence Forum has warned.
“Subsidence is not currently top of the agenda with a downward trend in claims in recent years but early indications are that there will be rise in subsidence cases this year,” said Subsidence Forum chairman Rob Withers.
Speaking at the Association of Specialist Underpinning Contractors (ASUC), of which Withers is also chief executive, annual conference yesterday, he said that claims had fallen to around 18,000 in 2014 from the normal level of 25,000 a year.
“The lower level of claims has led some of the major players in the loss adjusting market to downsize their subsidence divisions and there are more independents in the market than before,” he said. “Indications are that the weather so far this summer could result in a rise in claims a more normal level of 25,000 but if the summer continues to be dry then there could be many more.”
According to Withers, there are usually more than 40,000 claims in what he described as a “surge” year.