Insuring a home in the Bailiwicks of Guernsey or Jersey comes with unique risks that many property owners overlook. From coastal exposure to rising rebuild costs, insuring island properties requires more than just a standard on-line policy purchased from a UK price comparison site.
At CIB, we work closely with our clients to ensure that their homes — often their most significant assets — are protected with precision and care. Here’s why it matters more than ever.
Storm Ciarán Was a Wake-Up Call
When Storm Ciarán swept across the Channel Islands nearly two years ago, it caused more than physical damage. It revealed a deeper issue: many homeowners weren’t properly insured.
It was reported one in three properties impacted by the storm were underinsured — meaning the cost of the repairs or rebuilding the property wasn’t fully covered. For many clients, this can mean shortfalls of thousands.
Underinsurance isn’t just a problem during extreme weather events. It creates financial risk every single day your cover is based on outdated assumptions.
Rebuild Costs in the Channel Islands Are Rising
Living on an island comes with unique logistical challenges, especially when it comes to rebuilding:
- Materials must often be imported, driving up costs.
- Skilled contractors are in short supply, particularly post-disaster event such as Storm Ciarán.
- Construction costs have risen sharply in recent years and continue to do so.
Many properties in the Bailiwicks of Guernsey and Jersey have bespoke architectural features, listed status, or heritage materials — all of which can significantly increase the time and cost involved in a rebuild.
Why a Professional Rebuild Survey Matters
An online rebuild calculator often fails to reflect the true cost of rebuilding a unique property in the Channel Islands. That’s why we recommend obtaining a professional rebuilding valuation every 3-5 years, as part of every Client insurance strategy.
A specialist rebuild survey will assess:
- The full rebuild cost based on current local conditions
- Features like basements, outbuildings, pools, or specialist finishes
- Planning requirements and potential delays specific to your location It’s the foundation for adequate cover — and peace of mind.
The Importance of Tailored Cover
For Clients, insurance isn’t just about meeting the minimum requirement — it’s about protecting your Family.
At CIB, we provide:
- Local expertise grounded in the Bailiwicks of Guernsey and Jersey
- Access to a panel of insurers that understand the Channel Islands
- Should something happen that leads to claim, our experience team are there to guide and support you through the claims process, making the experience as simple as we can
- We stay in contact, ensuring you’re fully informed about any additional services or available products.
Insurance shouldn’t be an afterthought. It represents complete peace of mind for you and your family, should the worst happen, your home can be fully restored — no compromises, no delays.
The best time to review your cover is now. Especially before the next storm hits.
Whether you’re living in a waterfront apartment, a townhouse, or a country cottage with bespoke features, a tailored approach is essential to protecting what matters most.
At CIB, our service is designed for precisely this: giving you confidence that your insurance works as it should — no gaps, no surprises.
Ready to talk to someone who truly understands island living? We’re here to help.