Commercial Insurance - Rebuild Cost Assessment/Underinsurance Blog Post

Assessing the rebuild cost of your property

Protect your organisation from underinsurance

Buildings should always be insured for the amount it would cost to rebuild them. However, fewer than one in ten commercial properties in the UK are covered correctly. If you are over-insured you are probably paying too much for your buildings insurance. If you are under-insured, you face a reduced payout in the event of a claim.

Underinsurance - Rebuild Cost Assessment

Insurance claims can be reduced by hundreds of thousands of pounds due to under-insurance.

Watch this short video to see why being underinsured can be a big problem and how you can avoid it.

Understanding underinsurance and rebuild cost assessment video

Read more:

Underinsurance could cost family almost half a million

Should VAT Be included in Rebuild Costs?

As your broker we have access to a cost-effective building valuation service, which will provide you with additional comfort and reassurance that your building is correctly insured. You’ll receive a comprehensive Rebuild Cost Assessment (RCA) report guiding you on how much you should insure your buildings for.

Protect your organisation from the potentially severe consequences of underinsurance.

Contact us today to find out more.

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