Howden Real Estate: Reinstatement Bulletin
16 June 2022
Are you confident in your insured values?
When construction costs are moving continuously it is important to ensure buildings values accurately reflect the exposure.
It is self-evident that building sums insured should be accurate. Declared values should represent their true reinstatement cost at policy inception and cater for inflationary costs during the insurance and subsequent reinstatement periods.
The Howden Real Estate team have written an insights piece to discuss the implications of underinsurance and how to help protect your business against this.
Please click here to read it.