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1 September 2022

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The rise in living costs can have a direct influence on your insurance

As the rise in living costs continues to escalate, so with it comes a rise in construction costs. This correlation can lead to underinsurance. Underinsurance is a term used when the level of cover will not cover the costs to rebuild your property or to repair it. The infographic below outlines this is more detail, and of course, your broker is also on hand to discuss your specific policy.

Rising Construction Costs & Underinsurance