3-Year Protection · London
Best Value3-year reinstatement cost assessment in London.
A full RICS rebuild cost assessment plus three years of BCIS-indexed annual updates. Continuous compliance for London property owners — with no repeat instruction required.
What it is
One instruction, three years of cover.
The 3-Year Protection Plan wraps the entire RICS-recommended assessment cycle into a single service. We carry out a full reinstatement cost assessment at the outset, then deliver BCIS-indexed annual rebuild cost updates automatically for each of the next three years.
Instead of relying on your insurer’s generic index — or forgetting to review the figure at all — your London sum insured is professionally maintained throughout. You walk into every renewal with a current, defensible, broker-ready figure.
The three-year cycle
Accurate at inception, maintained every year.
Inception
Full RICS assessment
We establish an accurate, BCIS-indexed rebuild figure for your London property at the start of the plan.
Year 1
Annual BCIS update
Your figure is refreshed against the latest construction cost indices and reissued as a certificate.
Year 2
Continued indexation
Ongoing monitoring keeps your sum insured aligned with real-world London cost inflation.
Year 3
Maintained compliance
A third indexed update completes the RICS-recommended cycle, ready for a fresh assessment.
Who needs it
For owners who never want to fall behind.
Landlords & property owners
Owners who want their rebuild figure professionally maintained, not left to a generic insurer index.
Portfolio & managing agents
Professionals managing many London buildings who need continuous compliance without annual re-instructions.
Freeholders & blocks
Block freeholders protecting leaseholders from the drift into underinsurance between assessments.
Anyone on a renewal cycle
Those who want to walk into every renewal with a current, defensible, RICS-regulated figure.
Why it matters
Index-linking alone isn’t enough.
Many London owners assume that because their insurer applies an annual index, their cover keeps pace. But a general index cannot see your building, and post-2020 construction inflation has run well ahead of it. Applied to an already inaccurate base figure, index-linking simply compounds the error year after year.
The 3-Year plan fixes this. You start from a professionally assessed figure, and each year that figure is re-indexed against the latest BCIS data — keeping you continuously compliant and protecting you from the slow drift into underinsurance that catches so many blocks and portfolios at claim time.
What’s included
Everything, for three years.
- checkFull RICS assessment at inception
- checkThree annual BCIS-indexed updates
- checkBroker-ready report and certificates
- checkContinuous RICS-recommended compliance
- checkNo repeat instruction each year
- checkAccepted by all UK insurers
London coverage
Portfolios protected across London.
From single buildings to large managed portfolios, we keep London sums insured current across every borough — ideal for agents and freeholders juggling multiple renewal dates.
Prefer a one-off?
Explore our other assessments.
Frequently Asked Questions.
Common questions about the 3-year reinstatement cost assessment plan for London property.
What is the 3-Year Reinstatement Cost Assessment plan?
The 3-Year plan combines a full RICS reinstatement cost assessment at inception with three years of BCIS-indexed annual rebuild cost updates. You get an accurate starting figure and automatic yearly updates that keep your sum insured aligned with construction cost inflation, without commissioning a new assessment each year.
Why choose a 3-Year plan over a single assessment?
RICS recommends a full assessment at least every three years, with index-linking in between. The 3-Year plan builds that entire cycle into one instruction: you stay continuously compliant, your figure is professionally maintained rather than left to a generic insurer index, and you avoid the risk of drifting into underinsurance between assessments.
Who is the 3-Year plan best suited to?
It is ideal for London landlords, portfolio managers, managing agents, freeholders and property owners who need ongoing RICS reinstatement compliance across one or many buildings without repeat instructions each year.
What do the annual updates include?
Each annual update applies the latest BCIS construction cost indices to your rebuild figure, keeping the reinstatement cost assessment accurate as material and labour costs change. You receive a fresh update certificate each year that is broker-ready and accepted by UK insurers.
Is the plan accepted by insurers and brokers?
Yes. Both the inception report and each annual update are RICS-regulated, BCIS-indexed and broker-ready, accepted by all UK insurers as evidence of an accurate, maintained sum insured.