Buildings
insurance

If your home is a high value property, Lycetts can access a specialist buildings insurance policy on your behalf which will provide you with the most comprehensive cover available at a competitive premium. We understand that no two properties are alike and your account executive will choose the most appropriate insurer for your property, whether it be a town or country property, a new build or a historic listed building.

We also recognise the importance of trying to ensure that your current buildings sum insured is the estimated cost of re-building your house from scratch. Understandably, many people either guess the cost, base it on market value or take it from an inappropriate mortgage valuation. The result of these is that you may find yourself under insured in the event of a major flood or fire.

Many of the insurers on our panel will carry out a survey of your property at policy inception, which can help identify under-insurance. Lycetts also has close relationships with a number of specialist firms who can carry out a re-building survey on your behalf to establish what the current sum insured should be.

Factors that can affect the re-building calculation are:

• Contemporary designs
• Listed properties
• Extensive outbuildings
• Recent home improvements that may have been overlooked