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 pay out in the event of a claim.
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.
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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