Lets open a can of worms….
Did you know that if your let property contains a Cannabis factory your insurance cover could be voided in the event of a claim?
This particular subject matter is very contentious, in fact we deal wih over 10 insurers for let property and some of our panel will honour the claim and some will not.
Why?
The reasons vary based upon the individual insurers contract and their own experiences, but cannabis factories is a relatively new problem and these cases are still being tested in the courts, if your property was damaged by fire from the heating used to cultivate your tenants cannabis farm how would you feel?
What I would like to know from you is: -
Did you have any idea this eventuality may not be covered?
Would you expect this eventuality to be covered?
Should the property not have been visited by you or your manageing agent?
Subject to your feedback we will get on and do something about it.
Richard