Oct 26, 2022Underinsurance gap widening as costs increaseA greater proportion of properties are now underinsured and the gap between property rebuild costs and the amount buildings are currently...
Oct 14, 2020Too many underinsurance disasters waiting to happenBusinesses already struggling in the wake of Covid-19 face another invisible threat in the form of underinsurance. The latest data from...
Nov 20, 2019Broker facing £3.5m legal claim for underinsuranceA broker is facing a legal claim for damages of “at least £3.5 million” after a fire revealed one of its clients was severely underinsured.
Jun 20, 20193 minute guide to VAT and sums insuredOne of the things people seem to get most confused about when it comes to setting building sums insured is whether or not to include VAT.
Nov 21, 2018Investors warned about adequacy of commercial buildings coverInvestors in pension schemes are being warned of the knock-on effect of inadequate sums insured on commercial properties in their portfolios
Aug 31, 2017Which commercial buildings are most likely to be underinsured?Almost three quarters of commercial buildings with sums insured of £500,000 or less are underinsured.
Dec 15, 2016One of life's great unanswered questions: Should VAT be included in rebuild costs?It’s an important question. After all, the consequences of inaccurate sums insured can be significant.
