Charterfields Limited

Several reports suggest that up to 80% of UK SMEs are underinsured. More concerning our research shows that nearly 40% of all locations are underinsured by 50% or more. Not allowing for inflation, changes in assets, and policy definitions are key factors. Contact our team to get a declared value health check on your current figures. #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

A Reinstatement Cost Assessment (RCA) estimates the expense of reconstructing a property from scratch, including the costs of demolition, site clearance, professional fees, and adherence to current building regulations. This ensures property owners have adequate insurance coverage, preventing financial shortfalls in the event of total loss. https://lnkd.in/eFuMiAPv 🔗 #Valuation #AssetAdvice #Asset #Insurance #InsuranceValuation #UnderInsurance #AssetSurveys

As we head into 2025, it’s time to put risk management first. Underinsurance remains a hidden threat for many UK businesses, leaving them exposed when it matters most. Adjusting for inflation, ensuring accurate valuations, and understanding your policy terms aren’t just tasks - they’re essential steps to safeguard what you’ve built. Start the year right by making informed decisions that protect your future. #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

Our team recently took part in an insightful training day in London, diving deeper into the issues and knowledge that will deliver better solutions for our clients into 2025. #ProfessionalGrowth #CharteredSurveyors #Valuation #AssetAdvice #Asset #Insurance #InsuranceValuation #UnderInsurance #AssetSurveys

Check out our latest article release discussing 9 Key Considerations When Assessing Reinstatement Costs for Insurance. https://lnkd.in/eFuMiAPv 🔗 #blog #surveyor #charteredsurveyor #asset #insurance #insurancevaluation #underinsurance #assetsurveys

According to SwissRe, the insurance gap (the difference between economic losses due to natural catastrophes and insured losses) has averaged £2 billion in the UK over the last 10 years. Underinsurance, of properties and contents, appears to be a major element of this gap. https://lnkd.in/ec5b8Fr5 #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

We’ve completed assessments in over 180 countries, including specialised aviation evaluations. For trusted, global insurance valuation services across all industries, we’re here to help. 🌍✈️ #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

Airports rely on a diverse fleet of mobile equipment—baggage tugs, trailers, fuel trucks, and more - critical to operations. While some are covered by general fleet policies, non-road-registered assets may go uninsured, risking underinsurance and impacting recovery efforts. #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

Airside and non-airside projects come with distinct challenges. Key considerations include security-driven access restrictions, requirements for specialised contractors, and escalated professional fees. These factors can significantly impact project planning and resource allocation for businesses operating in airport environments. #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys

Consistent review and updates of insurance coverage and declared asset values are critical to sustaining the operational resilience of airports and aviation facilities. This proactive approach enables airport operators to establish precise reinstatement costs and maintain adequate insurance protection. ✈️ #valuation #assetadvice #asset #insurance #insurancevaluation #underinsurance #assetsurveys