Browsing: Reinstatement Cost Assessments

Paul Robertson looks at who is responsible for setting the sum insured and the impact of the average clause in the event of underinsurance.

The quality of your insurance cover is paramount, but the next most important matter is the accuracy of the buildings sum insured.

A Reinstatement Cost Assessment (RCA) is a professional assessment of what it would cost to rebuild a property if it were destroyed.

There are two main methods used by Insurers to protect policyholders from the effect of inflation during the period of cover.

Of all the valuations involving billions of pounds worth of property, more than 75% of properties are found to be underinsured.

Martin Barsley MRICS MBIFM AaPS of Earl Kendrick Insurance Services advises us on Reinstatement Cost Assessments.

In excess of 77% of all the cases BCH handle, involving billions of pounds worth of property, are found to be underinsured.

Residentsline’s Managing Director, Belinda Thorpe explains how many insurance products for flats and apartments in the UK have evolved.

Lorna Harrington takes a look at some frequently overlooked aspects of block insurance that will impact on the rebuild cost.

If you have to make a major claim against your buildings insurance, VAT will be an important aspect of the rebuild cost, explains Roger Corp.