Looks aren’t everything…

It seemed like a good idea at the time, didn’t it? Moving your business into that impressive double-fronted building on the High Street, with all its decorative stonework.

A high profile presence that’s easy to spot and a building that shows your company is doing well in such tough economic times, and even better, the building is so important that it’s listed.

But think again did you know that 75% of commercial properties are under-insured?

And the more unusual your building, the more likely it is that you’ll fall into this category, which is bad news for you and your business.

So how do you know if you’re susceptible to the risks?

Well there are some common characteristics that could signify your building is potentially likely to have a problem:

• Is your building listed? This will you’ll need special permission before you can rebuild or repair it expensive both in time and money

• Is it made of stone? It costs more to build with stone, so it costs more to repair and maintain too

• Was it built before 1920? Buildings from that time were made to last, so better quality will mean higher repair costs

• Are the sums insured based on guess work? Get them checked to make sure and update your valuations regularly

• Has the building been extended or refurbished? Did you get the sums insured updated at the same time?

• Is access restricted? Just think how complicated a rebuild could be and how much more expensive it could make the project

Remember, no two buildings insurance quotes should be the same and we always assess each building individually. Give us a call and let us help make sure your cover meets your own specific needs.

Dave

Dave Williams  uk.linkedin.com/in/davewilliams2