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Crisis Survivor has appointed Gleeds Advisory Services to provide independent property valuations as part of its Broker offering.
If a property has not been valued within the last 3-5 years, there is a very good chance that the property will be underinsured.
The average levels of under insurance identified are detailed below:
Current Sum Insured Percentage of under insurance
• Up to £1,000,000 40%
• Between £1m and £2.5m 80%
• Between £2.5m and £5m 66%
• Between £5m and £10m 50%
Over-insurance has been identified in approximately 5% of properties valued, as much as 45% in some cases, which has resulted in a reduction in insurance premiums paid.
With over 120 years’ experience in 17 countries across 5 continents, Gleeds are one of the world’s leading management and construction consultants. They have wide experience in virtually every type of industry sector in many countries, and have the resources to deliver multinational contracts.
Their services include:
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