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The importance of an accurate buildings insurance valuation

With Benchmark, we can provide an accurate and reliable building insurance e-Valuation without visiting a property – saving you time and money, as well as ensuring that you pay the correct insurance premium – so that any valid insurance claim will be paid in full.

Achieving the correct insurance premium and cover for a property is reliant on the policyholder providing the correct building insurance value. Without the correct value, the premium could be too high or too low.

Around 80% of properties are underinsured, putting property owners at risk of significant financial loss. This will only be discovered at the point of claim – when it’s too late to do anything about it.

To enable more property owners to achieve the correct value for rebuilding, we’ve launched Benchmark – our desk-based building insurance e-valuation service.

For just £125 + VAT, you can have an accurate buildings insurance e-valuation with a full report within 5 working days.

How does it work?

  1. Our directly employed, nationwide Building Insurance Surveying team will remotely assess the property, so you don’t need to be present.
  2. They’ll utilise their expertise, multiple methods of calculation and +/- variance checks, along with our 50,000 site-based survey database and external industry recognised sources to calculate the rebuild cost.
  3. You’ll receive a full report within 5 working days to share with your Broker or Insurer.

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