Valuation for insurance
Valuation for insurance
- 1990
- EGCS 1990 97 .
Beaumont and another v Humberts (a firm) and others CA 11 July 1990. The appeal by homeowners, who had relied on a valuation for mortgage and insurance purposes by surveyors instructed by the lending bank and then found they were inadequately insured on the basis of this valuation, was dismissed. The surveyor was not basing the valuation for insurance on a perfect reproduction of the house.
LIABILITY
NEGLIGENCE
REBUILDING COST
Beaumont and another v Humberts (a firm) and others CA 11 July 1990. The appeal by homeowners, who had relied on a valuation for mortgage and insurance purposes by surveyors instructed by the lending bank and then found they were inadequately insured on the basis of this valuation, was dismissed. The surveyor was not basing the valuation for insurance on a perfect reproduction of the house.
LIABILITY
NEGLIGENCE
REBUILDING COST