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Posted by Jon Tyler on September 3rd 2018 in Insurance , Thought Leadership
Many property owners still have a widely held belief that the market value of their property is the main driver for the sum insured but only rarely will you find that the actual market value is the same as the rebuild cost.
The rebuild cost has to include many different factors including hard standing areas, underground services and demolition. In some...
Posted by Jon Tyler on July 29th 2018 in Featured , Insurance , Thought Leadership
Underinsurance is, simply put, what happens when you have not taken out enough insurance cover to meet your needs. Underinsurance is a common problem, specifically in relation to the contents of a domestic or commercial property or for the property itself.
Recent research by The Building Cost Information Service found that UK commercial property underinsurance on policies is as high as...
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