Paying too much building insurance? Inadequately covered?

With premiums based on the cost of reinstatement and the type of cover, the start point for any building insurance review is the production of a professional RCA - or building insurance valuation.

Being over-insured is a waste of money; being under-insured places clients at risk in the event of a claim. A tenant with incorrect or inadequate building insurance on leasehold property is also likely to be in breach of covenant.

Our experience in all building types and our knowledge of the various methods of building insurance; First Loss, Indemnity, Day One, etc., often saves clients premium costs and can substantially reduce their risks. Indeed, a professionally produced RCA is a prerequisite to accessing significantly cheaper premiums through Day One insurance cover.

TFT work with clients, their brokers and insurer’s risk assessors to achieve maximum benefit.