The causes and consequences of under insurance
September 30, 2025
Whether due to outdated valuations or cost-cutting decisions, carrying insufficient insurance cover can leave small and medium-sized enterprises (SMEs) dangerously exposed when a claim arises. This article explores the common causes and consequences of underinsurance and offers strategies to avoid it.
The hours immediately following a commercial property loss have an outsized effect on the outcome of any insurance claim. Missteps during this period can slow settlements, reduce payouts or, in some cases, jeopardise cover altogether. This article provides business owners with a clear action plan for the first 24 hours after a commercial property loss.
This month’s Commercial Insurance Profile covers five components of an effective fleet safety policy and what every business owner should review before their insurance renewal.
