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Survey shows half of all blocks of flats are underinsured

block-of-flats

Block of flats broker Deacon has called for frequent revaluations of flats by residential management companies after a survey found half were underinsured.

Penny Jepson, head of business, Deacon, said: "The consequences of under insuring a building could be extremely costly. If a block of flats is insured for half of its actual rebuild value, some

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