86% of households are under-insured

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Paul Edmonds

About Paul Edmonds

Paul is the Managing Partner of ICS.

A recent survey by Aviva has suggested that as many as 86% of household are underinsured.

Insurance Daily reported that as many as 50% of claims for damage to buildings are being settled below the cost of reinstatement, which could have a significant impact on property owners who would have to fund the difference themselves.

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