Rebuild Cost Surveys - How do they help underinsurance?
Up to 70% of homes in the UK are estimated to be underinsured
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'This staggering figure highlights the widespread nature of underinsurance and underscores the importance of accurate rebuild cost estimates. Even a 10-20% shortfall in coverage can result in tens of thousands of pounds that owners might have to fund themselves...'
Rebuild Cost Surveys
A rebuild cost survey calculates the total cost to fully reconstruct your property in the event of a total loss. This includes factors such as size, the type and quality of construction, demolition fees, professional fees, and any permanent structures.
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In basic terms, imagine if you were to pick your house up and tip it upside down, everything that remains is included in the rebuild cost estimate.
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If your property is suitable for a desktop survey, there's no need for a site visit, making the process quicker, more affordable, and convenient.
Rebuild Cost Surveys
Protecting Property Owners
The rebuild cost is used to establish your buildings insurance cover. If your buildings insurance is based on the wrong rebuild cost, you could be underinsured — meaning your insurer may not pay out the full amount in a claim.
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Using advanced satellite imagery and desktop measurement software, we carry out accurate rebuild cost surveys which are unique to your property. ​
An accurate rebuild cost is crucial when combatting both underinsurance and overinsurance.
Backed by comprehensive cost data from real construction projects, our mission is to protect property owners across the UK.
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As an RICS Regulated Firm, all our rebuild cost surveys meet the highest professional and ethical standards set by the Royal Institution of Chartered Surveyors.
Jacqueline, Dorset
"My survey was handled professionally and the report was easy to understand. Happy overall."
Ross, London
"Don’t Guess were easy to deal with and delivered the report quickly. No complaints with the service. Would definitely recommend."
Why choose us?
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As an RICS Regulated Firm, every single survey is carried out by an RICS accredited surveyor.
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We have years of industry experience across a broad range of residential and commercial properties.
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We are covered by appropriate Professional Indemnity Insurance.
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