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Aviva warning on commercial property valuations

posted 113 weeks ago on Insurance Bits

Aviva is recommending that commercial property owners review the value of their buildings and make sure they are adequately insured. According to the group, underinsurance is a real risk for property owners, with research indicating that 77% of professionally valued buildings are actually underinsured. Typical oversights in completing insurance valuations include the costs of removing debris, [...]
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