Underinsurance – What could it mean for your clients?

To help your clients understand the importance of having the right amount of insurance and what the implications are if they don’t, we’ve produced a quick guide to Underinsurance in the commercial market.


The guide, available for you to share with your commercial clients, explains what the ‘average clause’ is and the impact it has on the way claims are calculated. It also offers examples of cases where businesses had insufficient insurance, and highlights some of the times in the life of a business when the insurance needs might have changed.


Looking at a sample of 383 clients where underinsurance was a problem in 2014, our survey team referred 206 commercial property clients for a professional valuation. In the remaining 177 cases our own risk management surveyors found that each client was effectively underinsured by on average, £486,000.


Our guide to Underinsurance in the commercial market is available for your information and to share with your clients.

Post a comment

Please Log in to post a comment.

Log in to save this page to your favourites.