Are you covered? Underinsurance and common gaps in cover

Our insurance partner MIAB say that underinsurance is unfortunately quite common. It’s worth checking that you have got adequate cover, or you could find yourself paying out in the event of a claim.

  • Would you be fully covered for a commercial building rebuild?
  • Have you factored in costs for outbuildings, car parks, driveways, site clearance etc.?
  • Is your building listed (and hence more expensive to rebuild)?

Underinsurance graphic Building costs are escalating hiking the price of rebuild costs, thereby contributing to underinsurance.

Keep your details updated

94% of the policies MIAB reviewed last year had incorrect or missing information, which could invalidate the cover at point of any claim. 49% were also underinsured.

MIAB can conduct a full review to ensure you have the correct cover. This includes cyber insurance, management liability, professional indemnity as well as your personal insurances.

Get a quote

Call MIAB on 01438 730210 or get a quote by completing this form.

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