17/03/2026
Underinsurance is one of the biggest hidden risks for property owners. 🚧
Many buildings are insured using a simple cost-per-square-metre estimate, but that approach can miss critical factors that dramatically increase the real reinstatement cost.
Things like demolition, VAT on services, crane access, licences, scaffolding, professional fees, and party wall considerations are often overlooked. When these elements aren’t included, the final figure can be 50–70% lower than the true rebuild cost.
That becomes a serious problem when a claim is made.
If a building is insured for only half of its true value, insurers may apply the average clause - meaning a £50,000 claim could result in only £25,000 being paid, leaving the property owner to cover the rest.
Accurate reinstatement cost assessments aren’t just paperwork - they protect property owners from costly surprises when they need cover the most.
Get in touch today! ⤵️
📲 0118 324 0748 | 📧 [email protected]