Underinsurance and the Insurance Act – Has anything changed?
A lack of relevant case law means it is still too early to say what impact the Insurance Act (2015) will have on cases of underinsurance.
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On average, our desktop Rebuild Cost Assessment reports are currently taking up to 12 working days. As these times may vary, please check back for up to date information.
RebuildCostASSESSMENT.com
Jun 20, 2018
Sum insured wrong! What do you say?
This month we’ve produced a handy guide for brokers titled ‘When your client discovers their building isn’t covered for the right amount.’
RebuildCostASSESSMENT.com
May 27, 2018
Have you heard about our client referral programme?
It’s the easiest way for brokers to raise client awareness of the risks of incorrect building sums insured.
RebuildCostASSESSMENT.com
Mar 21, 2018
Underinsurance could cost family almost half a million
Underinsurance could mean a Surrey-based family ends up being almost half a million pounds out of pocket following a fire at their home.
RebuildCostASSESSMENT.com
Jan 22, 2018
When policyholders reduce sums insured to lower premiums
It happens! A policyholder wants to reduce their insurance premium, so they turn to the buildings sum insured...
RebuildCostASSESSMENT.com
Nov 29, 2017
Bricks, Brexit and the problem with index-linking
While index-linking of sums insured on buildings offers some protection from underinsurance, it’s not something policyholders should rely on
RebuildCostASSESSMENT.com
Oct 31, 2017
Desktop assessments ‘a fantastic idea’
Brokers are finding it easier to encourage their clients to set suitable sums insured on buildings thanks to RebuildCostASSESSMENT.com.
RebuildCostASSESSMENT.com
Sep 26, 2017
No clear consensus around advice, information and underinsurance
Brokers have opposing views around the provision of information or advice in relation to underinsurance,
RebuildCostASSESSMENT.com
Sep 18, 2017
Congratulations to our Apple Watch prize draw winner!
Congratulations to Tracey Regan of Stockport based insurance brokers JJ Yates & Co, who is the lucky winner of our Apple Watch prize draw.
RebuildCostASSESSMENT.com
Aug 30, 2017
Which commercial buildings are most likely to be underinsured?
Almost three quarters of commercial buildings with sums insured of £500,000 or less are underinsured.
RebuildCostASSESSMENT.com
Jun 21, 2017
Policyholders need to know ‘how long’ as well as ‘how much’
100% of brokers agreed that getting a professional rebuild cost assessment was the only reliable way of setting building sums insured.
RebuildCostASSESSMENT.com
May 23, 2017
Most brokers believe buildings are significantly underinsured
Most brokers believe the majority of commercial and high-net-worth household properties are either “severely” or “very” underinsured.
RebuildCostASSESSMENT.com
Mar 15, 2017
Underinsurance and the Insurance Act
Since the Insurance Act came into force in 2016 we’ve been wondering what difference the legislation might make in cases of underinsurance.
RebuildCostASSESSMENT.com
Feb 14, 2017
Desktop assessments: Horse or automobile?
RebuildCostASSESSMENT.com's James Scott Brown, explores the doubt (and enthusiasm) surrounding desktop-based rebuild cost assessments.
RebuildCostASSESSMENT.com
Dec 15, 2016
One of life's great unanswered questions: Should VAT be included in rebuild costs?
It’s an important question. After all, the consequences of inaccurate sums insured can be significant.
RebuildCostASSESSMENT.com
Nov 15, 2016
Tackle underinsurance before a claim, not after
Brokers want a shift in focus from buildings sums insured being examined following a loss, to being assessed before a claim takes place.
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