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 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.comApr 21, 2021Why it's always better to be like the third little pigWe all know the story of the three little pigs, but what if we brought it up-to-date? Here we tell the modern version...
RebuildCostASSESSMENT.comMar 9, 2021What is the 'dreaded' Average Clause?We've put together a short animation, which explains what the 'dreaded' Average Clause is, why it doesn't always work the way you'd expect!
RebuildCostASSESSMENT.comDec 6, 2020Sometimes it's over!Underinsurance tends to get all the headlines when it comes to inaccurate building sums insured, but sometimes it’s ‘over’ too.
RebuildCostASSESSMENT.comOct 13, 2020UK rented homes underinsured by £315 billionProperty owners struggling in the wake of Covid-19 face another invisible threat in the form of underinsurance.
RebuildCostASSESSMENT.comApr 17, 2019PI underwriter guides brokers on underinsurance exposure"A gentle uptick” in underinsurance related claims is highlighting a need for the insurance industry to do more to tackle the issue.
RebuildCostASSESSMENT.comJul 31, 2018Underinsurance 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.
RebuildCostASSESSMENT.comJan 22, 2018When policyholders reduce sums insured to lower premiumsIt happens! A policyholder wants to reduce their insurance premium, so they turn to the buildings sum insured...
RebuildCostASSESSMENT.comMay 23, 2017Most brokers believe buildings are significantly underinsuredMost brokers believe the majority of commercial and high-net-worth household properties are either “severely” or “very” underinsured.
RebuildCostASSESSMENT.comMar 15, 2017Underinsurance and the Insurance ActSince the Insurance Act came into force in 2016 we’ve been wondering what difference the legislation might make in cases of underinsurance.
RebuildCostASSESSMENT.comNov 15, 2016Tackle underinsurance before a claim, not afterBrokers want a shift in focus from buildings sums insured being examined following a loss, to being assessed before a claim takes place.