BCIS Residential Rebuilding Cost Look-up Service

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BCIS Residential Rebuilding Cost Look-up Service

Increase your buildings insurance business using real-time residential rebuilding cost estimates from the UK's leading independent experts.

The BCIS Residential Rebuilding Cost Look-up Service allows the insurance industry to obtain instant, real-time estimates of a property's rebuilding cost. The service calculates the rebuilding cost of a residential property given minimal details of the property and is based on the BCIS rebuilding cost models already accepted as standard by surveyors and loss adjusters.

The BCIS Residential Rebuilding Cost Look-up Service is an industry standard tool that ensures robust, consistent and validated rebuilding costs.

The Lookup Service offers:

• Improved pricing - the service plays a significant part in quoting a more accurate and competitive premium for the risk.

• Increased business - offer building insurance quotes even when the customer is unaware of the rebuilding cost.

• Reduced drop-off - the customer is far less likely to exit quote-and- buy websites when faced with the rebuilding cost question.

• Reduced risk - greatly reduces the risk of under-insurance.

• 30 years experience - from leading construction cost experts.

• Constantly updated information - always in line with the latest building regulations.

Accessing the service

The service is easily accessible using industry standard XML technology. It is competitively priced against other industry look-up services in general use such as DVLA vehicle checks, HPI Credit checks and postcode services.

Technical

For an overview of the service, including details of the types of properties covered and what's included in the rebuilding cost calculation, please see the Rebuild Lookup Service Technical Overview PDF

PDF's of the Calculation Interface and the Usage Report Interface are also available.

Please also the latest Web Service Definition.

To find out more about the service see the see the Rebuilding Cost Lookup Service PDF or contact:

Matthew Newsome
BCIS Consultant
E: mnewsome@bcis.co.uk

User Reviews

Darren Black, Head of Home Insurance at Confused.com said:
"The launch of the new easy-to-use BCIS rebuild calculator, is designed to empower customers and subsequently enable them to get the most accurate home insurance quotes possible. As a result, customers could end up saving significant amounts of money on their policies. We are delighted that the BCIS has worked so closely with us."

John Miles, Head of Product Development at Gocompare.com said:
"The BCIS rebuilding Cost look-up service has proven invaluable to us in helping to simplify the Home insurance quote process for customers. It has had a very positive impact on the customer journey and the implementation was done swiftly with the minimum of fuss."

For more information call +44 (0)20 7695 1500 or email contact@bcis.co.uk