What steps should UK property investors take to avoid underinsurance on existing properties amidst rising rebuilding costs?
Quick Answer
To avoid underinsurance, investors must regularly review and update their building's declared value, conduct professional reinstatement cost assessments, and ensure their policy covers current rebuilding costs, including materials, labour, and associated fees.
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Learn how UK property investors can avoid underinsurance. Get practical steps, including professional assessments and regular policy reviews, to protect your portfolio.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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