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Brokers tell us that every now and then they face ‘difficult conversations’ with clients about all kinds of things, including...

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...

Insurance brokers have highlighted regulatory compliance as their number one concern this year, in a poll carried out by...

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

Did you know that we run exclusive giveaways for our Platinum & Gold tier brokers? To qualify, brokers must place 10 or more (for...

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...

Most insurance brokers are keen to avoid the ‘hard sell’ when it comes to breaking the ice with clients, according to a fun piece of...

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

More than half of UK insurance brokers say they are in favour of new Consumer Duty rules, with most believing underinsurance should be...

The cost of building materials increased by 25% on average in the UK last year and continue to rise, which begs the question… how long...

A greater proportion of properties are now underinsured and the gap between property rebuild costs and the amount buildings are currently...

Ah those tricky questions clients ask. Like… Client: ‘So how much should I insure my building for’? Broker: ‘Well, actually I can’t...

Discover how BCIS index-linking tables work and why a desktop assessment is crucial for accurate rebuild costs. Get your desktop assessment now!

Rebuild Cost Assessment Ltd (RCAL) has taken a significant step towards increasing its capacity in the wake of a major upturn in demand...

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...

A sustained rise in construction costs this year is increasing the likelihood of significant underinsurance of buildings in the UK. ...