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Saturday, March 19, 2011

Cannabis claims increase 30%

Landlord insurance company Aviva has warned that cannabis farms are still on the increase.

They reported 92 cannabis farming claims last year, the highest Aviva has ever recorded.

Spokesman Matthew Gordon said:

“Almost all of the properties were residential and we often find that it is part of a larger operation or that the policyholder has had a couple of properties affected. Cannabis farming comes with serious risks for landlords; properties can be completely ruined inside to make space for plants, water damage can occur and fire poses a risk due to interference with electrics or strong lighting left on for a long time.

“Property owners must be vigilant and there are some simple steps that can be taken. We would advise thorough checks on tenants and regular visits to properties - both internal and external inspections. Permanently closed curtains, blacked out windows and strong smells are all signs that there may be a cannabis factory on your premises.”

To find out how to avoid a cannabis farm.

Landlord insurance - all risks
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