Understanding property underinsurance and its implications
Cos Kamasho, head of product at the Building Cost Information Service, on how horror stories of families finding their insurers won't fully fund a rebuild highlight how all parties need to understand the primary causes of underinsurance.
Picture a young family left devastated when their home burns down due to a fire.
Now imagine their insurance company won’t cover the costs of the rebuild, leaving them thousands of pounds out of
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