Why Has the Insured Value of my Building Increased While its Market Value Declined
In a past newsletter we have examined the correlation between commodity prices and construction costs that during periods of escalating commodity prices property owners can find themselves underinsured as the cost to replace certain types of assets escalate. In...
Underinsurance – Whitepaper
Why are some properties under insured? Under insurance happens when policy holders: Do not account for the effects of inflation on insurance coverage Underestimate the replacement costs of buildings and their contents Do not factor in professional costs such as...