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.<\/p>\n
At CIB, we work closely with our clients to ensure that their homes \u2014 often their most significant assets \u2014 are protected with precision and care. Here’s why it matters more than ever.<\/p>\n
Storm Ciar\u00e1n Was a Wake-Up Call<\/strong><\/p>\n When Storm Ciar\u00e1n swept across the Channel Islands nearly two years ago, it caused more than physical damage. It revealed a deeper issue: many homeowners weren\u2019t properly insured.<\/p>\n It was reported one in three properties impacted by the storm were underinsured<\/strong> \u2014 meaning the cost of the repairs or rebuilding the property wasn\u2019t fully covered. For many clients, this can mean shortfalls of thousands.<\/p>\n Underinsurance isn\u2019t just a problem during extreme weather events. It creates financial risk every single day your cover is based on outdated assumptions.<\/p>\n Rebuild Costs in the Channel Islands Are Rising<\/strong><\/p>\n Living on an island comes with unique logistical challenges, especially when it comes to rebuilding:<\/p>\n Many properties in the Bailiwicks of Guernsey and Jersey have bespoke architectural features, listed status, or heritage materials \u2014 all of which can significantly increase the time and cost involved in a rebuild.<\/p>\n Why a Professional Rebuild Survey Matters<\/strong><\/p>\n An online rebuild calculator often fails to reflect the true cost of rebuilding a unique property in the Channel Islands. That\u2019s why we recommend obtaining a professional rebuilding valuation every 3-5 years, as part of every Client insurance strategy.<\/p>\n A specialist rebuild survey will assess:<\/p>\n The Importance of Tailored Cover<\/strong><\/p>\n For Clients, insurance isn\u2019t just about meeting the minimum requirement \u2014 it\u2019s about protecting your Family.<\/p>\n At CIB, we provide:<\/p>\n 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 \u2014 no compromises, no delays.<\/p>\n\n
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