July 20, 2020

As many as 79% of homes owned by hobbits would be underinsured (if they actually existed) according to research by building valuation experts RebuildCostASSESSMENT.com.

The findings mean that in the event of a claim most hobbits would be dangerously exposed to financial...

May 20, 2019

A growing number of insurance brokers believe underwriters should pay for, or at least contribute towards, a professional assessment of building sums insured in order to tackle the issue of underinsurance.

In a poll for this year’s BIBA conference, reinstatement valuati...

May 13, 2019

More than a third of policyholders are using ‘market value’ to set their buildings sum insured and one in five ‘simply guess’ according to a new study.

Reinstatement valuation experts RebuildCostASSESSMENT.com asked 580 brokers to identify the source of building sums in...

May 28, 2018

It’s the easiest way for brokers to raise client awareness of the risks of incorrect building sums insured, while at the same time pointing them to a simple and affordable online solution. There is no need to place orders yourself. Simply signpost your clients to our w...

January 22, 2018

It happens! A policyholder wants to reduce their insurance premium, so they turn to the buildings sum insured without properly considering the rebuild cost of their property, or any other consequences.

And when the policyholder insists, it's never an easy conversation f...

October 31, 2017

Brokers are finding it easier to encourage their property owning clients to set suitable sums insured on buildings thanks to innovative new desktop rebuild cost assessments offered by Insuranceshortfall.com.

Mark Horgan, Director of West Midlands based brokers Morrison...

May 24, 2017

Most brokers believe that UK buildings sums insured are inaccurate, with the majority estimating that commercial and high-net-worth household properties are either “severely” or “very” underinsured.

Online rebuild cost assessment service Insuranceshortfall.com questione...

December 15, 2016

Are we alone in the universe? Who shot JFK? Is time travel possible? Why do flammable and inflammable mean exactly the same thing? And how come you never see the headline ‘Psychic Wins Lottery’?

These are just some of life’s great unanswered questions, and in the insura...

November 15, 2016

PRESS RELEASE - Insurance, United Kingdom:

Brokers want a shift in focus from buildings sums insured being examined following a loss, to being independently assessed before a claim takes place.

Research carried out earlier this year at BIBA 2016 by new online rebuild cos...

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Sum insured wrong! What do you say?

June 21, 2018

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