When was the last time you checked your buildings sum insured?
As specialists in insurance for village halls and community buildings, one of the questions we are asked most often by hall committee members is “How do we ensure that our buildings sum insured is adequate?”
This is a particularly difficult issue. The sum insured must be sufficient to rebuild the property in the event of an insured event – a fire, for example – and it must allow for site clearance, architects’ fees and VAT, amongst other things.
Norris & Fisher have arranged a facility to enable hall committees to establish an accurate sum insured on their buildings without the expense that a survey would involve. We are utilising the services of Internet Surveys Ltd – who have access to the latest digital mapping software together with their extensive database of rebuilding costs for every type of property construction in the UK. Their advanced state of the art mapping technology is underpinned by the U.K.’s most reputable data providers such as Ordnance Survey and Land Registry.
In order to provide the most accurate valuations ISL undertake extensive research of each property which may include Local Authority planning records, community hall and village hall websites as well as RICS building data.
Using this data and the digital mapping software they are able to calculate the external footprint of the property to provide the reinstatement sum insured to take into account the construction of the property, location, additional facilities, access and debris removal.
We are now pleased to be able to offer this service free of charge to our current Village Hall clients at renewal of your policy. If you want to take advantage of this offer then please click to complete an enquiry form. Once we have received your instructions we shall instruct ISL accordingly who will draw up a survey report, a copy of which will follow along with our advice on your sums insured.