Buildings should always be insured for the amount it would cost to rebuild them.
However, according to Rebuild Cost Assessment Limited, fewer than one in ten commercial properties in the UK are covered correctly.
If you are over-insured you are probably paying too much for your buildings insurance.
If you are under-insured, you face a reduced pay-out in the event of a claim.
We have access to an RICS approved rebuild cost assessment service which will guide you on how much you should insure your buildings for.
You pay the correct premium and in many cases the insurer will remove the underinsurance clause form your buildings policy.
Please contact us to find out more.