CPI

Don’t gamble with CPI and general cost guides for adequate insurance cover!

Relying solely on Consumer Price Index (CPI) changes to form the basis of your building insurance cover could leave you under insured and vulnerable.  Why?  Building costs fluctuate independently of CPI, making this approach unreliable.  Also using broad cost guides doesn’t accurately capture the unique factors affecting construction costs and asset value, such as asset type and location.

As experienced Quantity Surveyors, Napier & Blakeley stands apart as trusted industry providers. We have appropriate Professional Indemnity insurance to support the provision of advice around Reinstatement Cost Assessments and with nearly four decades of leadership, we offer: Continue reading