RebuildCostASSESSMENT.comJan 22Unlocking the Essentials of Reinstatement Cost Assessment: A Guide for UK Property OwnersImagine you've insured your property for an amount significantly lower than the rebuild cost. A disaster strikes, and the damages are...
RebuildCostASSESSMENT.comJan 22Understanding Rebuild Cost vs Market ValueInsurance can often feel like a bit of a puzzle. All the legal jargon and complicated rules can make it seem like you need a law degree...
RebuildCostASSESSMENT.comJan 22The Clock Is Ticking: Validity Period of Your Rebuild Cost AssessmentToday, we're shedding light on an essential aspect of property ownership: The validity period of your rebuild cost assessment (RCA)....
RebuildCostASSESSMENT.comOct 25, 2022Underinsurance gap widening as costs increaseA greater proportion of properties are now underinsured and the gap between property rebuild costs and the amount buildings are currently...
RebuildCostASSESSMENT.comOct 13, 2020Too many underinsurance disasters waiting to happenBusinesses already struggling in the wake of Covid-19 face another invisible threat in the form of underinsurance. The latest data from...
RebuildCostASSESSMENT.comNov 20, 2019Broker facing £3.5m legal claim for underinsuranceA broker is facing a legal claim for damages of “at least £3.5 million” after a fire revealed one of its clients was severely underinsured.
RebuildCostASSESSMENT.comJun 19, 20193 minute guide to VAT and sums insuredOne of the things people seem to get most confused about when it comes to setting building sums insured is whether or not to include VAT.
RebuildCostASSESSMENT.comNov 21, 2018Investors warned about adequacy of commercial buildings coverInvestors in pension schemes are being warned of the knock-on effect of inadequate sums insured on commercial properties in their portfolios
RebuildCostASSESSMENT.comAug 30, 2017Which 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.comDec 15, 2016One 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.