Timber framed properties may require different policy
A retired insurance underwriter and financial risk manager is concerned some people in the Isle of Man may unwittingly have the wrong sort of policies for their properties.
Malcolm Lambert says homeowners may either not be aware their house is timber framed or, if they are, may not realise such houses are classed as 'non-standard construction'.
These require a policy which recognises this, as insurance companies invariably charge more for them.
Mr Lambert says getting it wrong could have repercussions: