There is a growing number of properties in the UK that now fall into a category known as non-standard as labelled by insurance companies. What is this new category and what impact does it have on homeowners?
Non-standard is an insurance term used to describe a property risk; this breaks down into smaller sub categories of;
• How old the property is?
• What building materials it is made from?
• Is the property near any natural perils e.g. waterways
• And what the property use is going to be