Are you likely underinsured?
Underinsurance is the single most common reason a commercial claim pays out less than expected. Answer six quick questions — no company details, no obligation — and see where your cover is most likely to fall short.
This is an educational indicator, not a valuation or advice. It won’t give you a rebuild figure — only a proper assessment can. It flags where you may be at risk so you know what to check.
A named specialist broker will look over your current schedule — sums insured, business interruption, the conditions that catch people out — and tell you plainly where you stand. No obligation, and if your cover’s right, we’ll tell you that too.
Book a cover review → or call 0117 325 0027Why underinsurance matters
If your buildings, stock or contents are insured for less than they should be, the condition of average lets the insurer cut your claim in proportion — insure for 70% of the true value and a partial claim can be cut by around 30%, even for a small loss. On business interruption, too short an indemnity period or an out-of-date gross profit figure means the cover runs out before the business has recovered. Construction-cost inflation over recent years means many sums insured set even three or four years ago are now well short. None of it shows up until you claim — which is exactly the wrong time to find out.
Apex Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority, FRN 724952. This tool provides general information only and does not constitute a valuation, a recommendation or advice. Rebuild costs should be assessed professionally (for example on a RICS/BCIS basis).