In this episode of "Ask Amy", Amy answers a question that we're often asked when it's too late for someone to do anything about. So don't fall into the trap too!

People often ask what is "the average clause" in relation to insurance?

Amy's answer to this question relates to how the average clause work in relation to insurance for the rebuild cost (AKA reinstatement cost) of the property insured.

Watch Amy's response here to find out what her answer is.

Skip to:

0:45 - Can you very simply explain what is known as the "average clause"?

1:22 - What's the worse thing you've ever bought online?

So you must be careful to not underinsure your property! If you do, you could end up being thousands, or even millions of pounds out of pocket.