Advice On Insuring Your Property
Insurance Reinstatement Values
We will advise you on how much you should insure your property for in case it is damaged by fire, flooding or some other insured peril.
The reinstatement value allows for completely rebuilding the property, the cost of demolition and also professional fees. (The reinstatement valuation does not include land value).
As building costs change significantly over time and are not linked to the value of the property, Insurance Reinstatement Valuations can rise or fall irrespective of the prevailing market conditions.
You should frequently re-asses your reinstatement value to ensure you have the correct insurance valuation.
An Insurance Reinstatement Valuation is NOT a survey and you should not rely on this report as a comprehensive statement of the property's condition.
Insurance Claims Report
Should you be unfortunate enough to suffer damage to your property as a result of an insured peril we are able to provide a report detailing the building's condition and works required to repair or reinstate the property.
Your insurance company may want to carry out their own investigations and you should check prior to instructing that they are happy to accept our professional opinion.
