Rebuild cost gap still widening, with social care at risk
The gap between property rebuilding costs and the amount buildings are insured for is continuing to widen, with many essential social...
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- Aug 9
How do brokers like to ‘break the ice’ with clients?
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...
- May 26
Investing in AI and machine learning so we can do more
RebuildCostASSESSMENT.com and the University of Exeter have formed an exciting partnership to take our valuations service to the next...
- May 1
What brokers think about the new Consumer Duty
More than half of UK insurance brokers say they are in favour of new Consumer Duty rules, with most believing underinsurance should be...
- Mar 7
How much longer will rebuilding costs keep rising?
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...
- Oct 26, 2022
Underinsurance gap widening as costs increase
A greater proportion of properties are now underinsured and the gap between property rebuild costs and the amount buildings are currently...
- May 17, 2022
Just making brokers lives a little easier
Ah those tricky questions clients ask. Like… Client: ‘So how much should I insure my building for’? Broker: ‘Well, actually I can’t tell...
- Feb 9, 2022
How times change, but also they don’t!
Casting an eye back through time can often tell us a lot about where we are today. RebuildCostASSESSMENT.com’s James Scott Brown...
- Sep 30, 2021
Underinsurance made worse by rising construction costs
A sustained rise in construction costs this year is increasing the likelihood of significant underinsurance of buildings in the UK....
- Sep 8, 2021
Lower value properties are ‘most’ underinsured
New data from RebuildCostASSESSMENT.com has revealed that properties with a sum insured of less than £500,000 are generally covered for...
- Aug 30, 2021
Five go on a very posh picnic!
Five lucky brokers have each won a ‘very posh’ Fortnum & Mason’s picnic hamper after taking part in our latest Platinum and Gold broker...
- Jul 14, 2021
Football club sues broker due to underinsurance
A football club from the sixth tier of English football is suing an insurance broker for almost half a million pounds in damages due to...
- Jun 24, 2021
We've won an award! Thanks for your help
A digitally disruptive approach to the buildings insurance valuation survey market has led to RebuildCostASSESSMENT.com being recognised...
- May 25, 2021
Major accreditation for our new generation of surveyors
Two of our surveyors have progressed to achieve AssocRICS accreditation following two years of dedicated learning.
- Apr 22, 2021
Why it's always better to be like the third little pig
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...
- Apr 1, 2021
Insurtech pet owning clients will love
Thanks to incredible new technology, there’s now no need to gather information from clients for pet cover.
- Mar 19, 2021
We’re CBC members of the Chartered Institute of Building (CIOB)
Rebuild Cost Assessment Ltd, the company behind RebuildCostASSESSMENT.com, has been awarded Chartered Building Consultancy (CBC) membership.
- Mar 9, 2021
What is the 'dreaded' Average Clause?
We've put together a short animation, which explains what the 'dreaded' Average Clause is, why it doesn't always work the way you'd expect!
- Feb 23, 2021
Winning brokers choose to support Asthma UK and Whizz-Kidz charities
Christmas! It seems so ago long since it more or less didn’t happen and we cheered ourselves up by escaping evil penguins...
- Feb 10, 2021
Bathrooms made in China and rebuild costs
Future rebuilding costs are increasingly difficult to predict and are being impacted by a broadening cocktail of external events.
- Jan 11, 2021
RebuildCostASSESSMENT.com: Open for business
A message Will Molland, BSc (Hons) MCIOB AssocRICS...
- Dec 6, 2020
Sometimes it's over!
Underinsurance tends to get all the headlines when it comes to inaccurate building sums insured, but sometimes it’s ‘over’ too.
- Nov 14, 2020
Brokers ‘can quickly shift litigation risk’
Brokers are being encouraged to ‘shift the risk’ of at least one significant cause of litigation - underinsurance.
- Sep 22, 2020
Rest assured! We’re FSQS accredited
Rebuild Cost Assessment Ltd is now FSQS accredited, providing compliance assurance to our customers and their clients.
- Aug 18, 2020
A bit of help with those difficult client conversations
If there’s one thing there has been no shortage of this year for insurers and intermediaries, it has been difficult client conversations!
- Aug 3, 2020
Qualification success for our next generation surveyors
We’re delighted to announce that two of our next generation of property surveyors have succeeded in achieving a significant qualification.
- Jul 20, 2020
79% of hobbits dangerously underinsured
As many as 79% of homes owned by hobbits would be underinsured (if they actually existed) according to research by RebuildCostASSESSMENT.com
- May 21, 2020
The problem with index-linking
Dave has a lovely house, which he insured for £542,000 in 2013. Should he be confident index-linking has protected him from underinsurance?
- Mar 27, 2020
And suddenly… everything changed
I imagine many of you reading this will now find yourself (like me) working from home for who knows how long?
- Feb 5, 2020
Helping brokers deliver great customer service
Nigel Feast FCII tells us why he believes brokers should work closely with clients to ensure building declared values are fit for purpose.
- Nov 20, 2019
Broker facing £3.5m legal claim for underinsurance
A 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.
- Sep 23, 2019
Latest building sums insured data released
RebuildCostASSESSMENT.com has released up-to-date high-level data around inaccurate building sums insured in the UK.
- Aug 29, 2019
Feeling a little bit hungry?
Brokers helping their clients get their building sums insured right doesn’t have to be time-consuming or difficult.
- Jul 25, 2019
Treating customers fairly (win). Earnings boost (win).
A leading broker is encouraging others to guide their clients towards more accurate building sums insured.
- Jun 20, 2019
3 minute guide to VAT and sums insured
One 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.
- May 20, 2019
One in 10 brokers thinks insurers should pay for rebuild cost assessments
A growing number of brokers believe underwriters should at least contribute towards a professional assessment of building sums insured.
- May 13, 2019
One in five clients ‘guess’ at buildings sum insured, say brokers
More than a third of policyholders are using ‘market value’ to set their buildings sum insured and one in five ‘simply guess’.
- Apr 18, 2019
PI underwriter guides brokers on underinsurance exposure
"A gentle uptick” in underinsurance related claims is highlighting a need for the insurance industry to do more to tackle the issue.
- Feb 18, 2019
There’s more to a ‘desktop’ valuation than you might think
Some people can be a little sceptical about desktop valuations. After all, how can you accurately assess a property without being there?
- Feb 13, 2019
Investing in the future of property insurance valuations
Having rapidly taken the lead in the property insurance valuation market, RebuildCostASSESSMENT.com is now investing in talent of the future
- Jan 10, 2019
Broker prevents £39,000 client loss, thanks to RCA
A broker has helped one of its commercial clients avoid a loss of £39,000 after requesting a rebuild cost assessment (RCA) on a property.
- Nov 21, 2018
Investors warned about adequacy of commercial buildings cover
Investors in pension schemes are being warned of the knock-on effect of inadequate sums insured on commercial properties in their portfolios
- Aug 1, 2018
Underinsurance and the Insurance Act – Has anything changed?
A lack of relevant case law means it is still too early to say what impact the Insurance Act (2015) will have on cases of underinsurance.
- Jun 21, 2018
Sum insured wrong! What do you say?
This month we’ve produced a handy guide for brokers titled ‘When your client discovers their building isn’t covered for the right amount.’
- May 28, 2018
Have you heard about our client referral programme?
It’s the easiest way for brokers to raise client awareness of the risks of incorrect building sums insured.
- Mar 21, 2018
Underinsurance could cost family almost half a million
Underinsurance could mean a Surrey-based family ends up being almost half a million pounds out of pocket following a fire at their home.
- Jan 22, 2018
When policyholders reduce sums insured to lower premiums
It happens! A policyholder wants to reduce their insurance premium, so they turn to the buildings sum insured...
- Oct 31, 2017
Desktop assessments ‘a fantastic idea’
Brokers are finding it easier to encourage their clients to set suitable sums insured on buildings thanks to RebuildCostASSESSMENT.com.
- Sep 27, 2017
No clear consensus around advice, information and underinsurance
Brokers have opposing views around the provision of information or advice in relation to underinsurance,
- Sep 19, 2017
Congratulations to our Apple Watch prize draw winner!
Congratulations to Tracey Regan of Stockport based insurance brokers JJ Yates & Co, who is the lucky winner of our Apple Watch prize draw.
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