Why underinsurance in home contents is so prevalent and practical tips/tools to address it
Why underinsurance in home contents is so prevalent, and practical tips/tools to address it
Webinar: This is the first part of a two part webinar by Rachel Doerr. The second part will take place on Tuesday 20 May 2025 and details for this will be circulated in due course.
Industry Expert: Rachel Doerr, Doer Dallas Valuations
When: Thursday 20th March 2025
Time: 12pm – 1pm
Introduction
Underinsurance is a major issue in the industry – many reports suggest that around 2/3 of
homes are underinsured. Unfortunately, the same is often true for the contents in those homes.
Why is this, and what can insurers and brokers do about it?
This webinar is for brokers and insurers who handle home contents insurance for MNW and
HNW clients. It may also be of interest to insurers and brokers who insure significant assets
such as art, silverware, trophies and wine for commercial customers (e.g. restaurants, hotels, charities, sports clubs, offices)
Learning Objectives
By the end of the webinar, you will understand:
- What is underinsurance for contents?
- Why does it arise?
- The importance of accurately assessing replacement cost
- The impact of underinsurance – for clients, brokers and insurers
- Why the “value” can be hard to get right
- What to look for in a valuation
Speaker Biography
Rachel Doerr set up Doerr Dallas in 2016 to offer a completely independent valuation service for clients and brokers in the UK and Europe. She has a team of specialists that can value most assets, including specialist areas such as handbags, books, guns and wine!
Rachel regularly offers training to leading HNW insurers and brokers free-of-charge. The greater the awareness of underinsurance within the industry, and how it can be avoided, the better for everyone.
Her webinars offer practical tips and techniques, with interesting and memorable examples to bring things to life, together with insight into how and why valuations are changing.
To view our image and video capture consent statement, please click here.
Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of York, which is acting as the host institute for this event.
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.