Insuring your commercial property for an incorrect value or setting your limits too low results in underinsurance, which can have serious and often devastating consequences for businesses. Therefore, in the unfortunate event of a claim, policies will not operate as intended, delivering less indemnity than needed following a loss. Ultimately, this could put a business’s ability to recover in jeopardy.
The David Codling and Associates (DCA) team have collated a list of useful guides and resources to help you protect your business against the risk of underinsurance:
What is underinsurance and how can it affect the jewellery industry?
Tips to mitigate the risk of underinsurance
Benefits of a proactive approach to mitigate the risk of underinsurance
What are the consequences of underinsurance?
To check your business has the appropriate cover in place, contact our team to request a confidential review of your existing insurance programme:
info@dca.uk.net