Irish homeowners have been warned they may be underinsured due to the rising costs of rebuilding a home.
Building costs have jumped significantly over the last six months with price increases of between 15 per cent and 44 per cent - meaning it will cost more to rebuild your home after a claim.
As many as 40 per cent of property owners have already received a warning letter from their insurer to ensure they have the correct cover in place in the event of an insurance claim.
