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.comMar 21, 2018Underinsurance could cost family almost half a millionUnderinsurance could mean a Surrey-based family ends up being almost half a million pounds out of pocket following a fire at their home.
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.comNov 29, 2017Bricks, Brexit and the problem with index-linkingWhile index-linking of sums insured on buildings offers some protection from underinsurance, it’s not something policyholders should rely on
RebuildCostASSESSMENT.comSep 26, 2017No clear consensus around advice, information and underinsuranceBrokers have opposing views around the provision of information or advice in relation to underinsurance,
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.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.
