​BLOG

Building insurance is one of the most important aspects of owning a home and protecting your investment. But how do you know if you’re covered for the right amount? And what about extreme weather events like storms or flooding? How about burglaries, burst pipes, or fires? Are your contents covered too? How much will the right policy set you back? It’s enough to make your head spin.  We know how challenging it can be to balance protecting your home and its contents while keepi

And that’s a wrap! The RebuildCostASSESSMENT.com Office Games have officially come to an end, with the closing ceremony taking place and...

Many property owners don't think about underinsurance until it's too late. What exactly does it mean to be underinsured? It is often misunderstood, putting people and businesses unknowingly at financial risk. Complex building insurance policies and terms like the 'average clause' can make it difficult to know whether you are fully protected. From our latest data ,  we estimate that 70% of buildings in the UK are underinsured and 23% overinsured. This leaves just 7% of buildin

Do you feel overwhelmed by the sheer volume of home insurance options out there? Hundreds of building insurance companies in the UK are all spending big money on telling you why they’re the best and why you should take out a policy with them. Sometimes, it might feel easier to pick one randomly or stick with your current provider to avoid the hassle. However, it's always a good idea to compare building insurance options. You might think the only benefit of this would be to sa

Understanding wear and tear when it comes to your home insurance is important. Let me tell you why… A few years ago, my home had a pretty bad water leak. It caused a lot of damage to the walls, floors, and an almost brand-new sofa. So, as you would, I contacted my insurance provider, hoping I’d be covered for the lot. However, I was told that my policy only covered sudden and accidental damage. ‘But surely this is exactly what’s happened?’ I thought… After taking a look at th

Construction inflation has softened over the past year and building costs are forecast to rise by around 3% in 2024. However, the risk of...

Imagine you've insured your property for an amount significantly lower than the rebuild cost. A disaster strikes, and the damages are extensive. Suddenly, you're faced with the reality that your insurance payout won't cover the full cost of rebuilding. This scenario, which could have devastating financial consequences, highlights the critical importance of a reinstatement cost assessment (RCA). What is a reinstatement cost assessment? A reinstatement cost assessment (RCA) es

Insurance 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 just to understand it. Getting to grips with the difference between rebuild cost vs market value can also be tricky. But we're here to help. In this blog post, we'll unravel these important concepts and show you why they matter when it comes to your insurance. Rebuild cost vs market value The difference between market value and reinstatement

Today, we're shedding light on an essential aspect of property ownership: The validity period of your rebuild cost assessment (RCA). Whether you're a commercial property owner or a homeowner, understanding this crucial timeframe can have a significant impact on your financial security and peace of mind. What is a rebuild cost assessment? Before we dive into the validity period of your RCA, let's briefly recap what a rebuild cost assessment is and why it's indispensable for in

We’ve often spoken about the Average Clause, but homeowners are now being warned of a potential issue that could leave them with no cover...

Ever tried to understand the fine print in your insurance papers? No? You’re not the only one. Insurance documents are complicated and full of insurance industry jargon like the ‘average clause’. But here's the thing when it comes to insuring your property – understanding the average clause isn't just helpful; it's vital. Get it wrong, and you could find yourself in a world of financial strife. What is the average clause in insurance? The average clause is usually found in th

Rebuild Cost Assessment Ltd has appointed Iain Crichton as its new Operations Manager. Iain has broad experience of leading teams within...

The gap between property rebuilding costs and the amount buildings are insured for is continuing to widen, with many essential social...

RebuildCostASSESSMENT.com and the University of Exeter have formed an exciting partnership to take our valuations service to the next...

Casting an eye back through time can often tell us a lot about where we are today. RebuildCostASSESSMENT.com’s James Scott Brown...

Could underinsuring your property cost you more than you expect? I n this edition of 2-Minute Tuesday, Amy addresses a critical...

New data from RebuildCostASSESSMENT.com has revealed that properties with a sum insured of less than £500,000 are generally covered for...

A digitally disruptive approach to the buildings insurance valuation survey market has led to RebuildCostASSESSMENT.com being recognised...

Two of our surveyors have progressed to achieve AssocRICS accreditation following two years of dedicated learning.

We all know the story of the three little pigs, but what if we brought it up-to-date? Here we tell the modern version...