Portion of buildings underinsured falls to six-year low

commercial-property

The percentage of UK buildings that are underinsured has fallen to its lowest level for at least six years, but remains “unacceptably high”, according to data from valuations provider Rebuild Cost Assessment.

The firm, which carries out around 4000 assessments every month, calculated 76% of UK buildings are underinsured, down from 81% in 2023 and from an all-time-high of 83% recorded in 2022.

However

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