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Underinsured Property


Broad Risk Insurance Brokers QLD Blog post











The current increase in building costs has led to a significant gap between the insured value of properties and their actual rebuilding costs. This underinsurance can have severe consequences for businesses in the event of a loss. It is crucial for clients to obtain accurate valuations of their property to ensure they have adequate coverage. Market statistics reveal that approximately 80% of commercial properties are underinsured, leaving businesses vulnerable to financial losses. Please refer to our additional services page if you would like to find out more about getting your property valuation.

Why Our Customers Say

Alan Biggs

Sports and Recreation

I highly recommend Warren and his team. The service I receive from them is always fast and efficient avoiding many of the problems I have had with other brokers.

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