The implications of VAT on Building Sum Insured

Many businesses are not prioritising the valuation and risk assessment aspect of their insurance, fearful that it may lead to higher premiums.

One of the things people seem to get most confused about when it comes to setting building sums insured is whether or not to include VAT.

To help, Rebuild Cost Assessment Ltd have put together a short 3 minute explainer video, which should help clear up some of the key questions.

For more information or to check your existing sums insured please contact Horner Blakey Insurance Brokers on 020 7929 0108

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