Underinsurance remains a persistent issue in the UK, arising when sums insured or declared values are insufficient to cover full reinstatement or financial exposure, leading to reduced claim payments under average clauses. Insurance professionals must proactively address this through education, professional valuations, index‑linking, and regular reviews—especially during periods of high construction, wage, and equipment cost inflation—ensuring brokers and clients fully understand the implications at both placement and claim stage.
England's NPPF update creates a specific exposure that standard licensed trade policies don't address
Wildfire and subsidence expose two converging risks for property brokers as autumn rain returns
Property insurers already grappling with record subsidence payouts now face a second cost pressure building from construction materials
The government has driven up costs - is insurance going to suffer?
Clients are still getting good deals, but how long can it last?
