News
Underinsurance – Its important you are insuring the correct sums insured… Your home is one of the most valuable assets you are likely to own With raw material prices increasing and inflation on the rise, it’s important to acknowledge the very real cost of under insurance. Rebuild costs have increased over the last 18-24 months […]
From 2025, under current proposals all newly rented properties will be required to have an EPC rating of C or above. Currently, properties only require an EPC rating of E or above. Existing tenancies will have until 2028 to comply with the new rules. Following this news, there is a concern that a substantial amount […]
The extreme hot, dry summers and reasonably dry winters in recent years has caused the insurance industry to see an increase in subsidence in buildings. Subsidence is the downward movement of the ground supporting the building. Damage occurs because the movement is often uneven, causing cracks in walls, floors and ceilings. The main cause of […]
More and more people are starting to attach solar panels to their homes – in fact, in the summer months, more than a tenth of the UK electricity supply comes from solar power. That’s great news for the planet! But there’s always the risk that something might damage your solar panels – and with a […]
To improve the fire safety of buildings in England and Wales, the Fire Safety Act 2021 was introduced, sections 1 and 3 of which commenced in full on 16th May 2022. The purpose of the new FSA, which applies to virtually all premises and covers nearly every type of building structure and open space, is […]
Insurance can be complex. Contracts are always full of conditions and clauses. There is one clause you really need to know about when insuring your building because this clause can cause big problems if you ever need to make a claim. It’s known as “The Average Clause” and it means if you insure your building […]
Lloyd’s of London looks to be getting ready to defend against the owners of hundreds of aircraft seized by Vladimir Putin’s regime. It is understood they have hired law firm Clyde & Co to advise on whether it can “deny” claims against planes worth up to $10bn (£8bn). The Kremlin is transferring around 500 aircraft […]
No matter what building work you’re having done, everyone wants their home improvements to go well with no “hiccups” along the way. If something goes wrong, insurance may be able to step in. That’s why as a homeowner, you’ll want to know that any tradesperson you have working for you, has the right cover in […]
The UK have announced they will bring further sanctions preventing Russian aviation and space industry companies to get access to the British insurance sector. Russian aerospace companies will be prevented from making use of UK based insurance, the country’s government announced as a response to the invasion of Ukraine by Russia. The Treasury said that […]
When it comes to home insurance, correctly working out the rebuild cost of your property will help ensure you buy the right amount of cover. But how do you come up with a figure? The rebuild cost of your home is the amount it costs in labour and materials to reconstruct it from the ground […]