Insurance Valuations
After the recent events in Christchurch and increasing insurance premiums, we have been asked to provide a number of insurance valuations for commercial/industrial buildings and dwellings or homesteads with character at the higher end of replacement value. This involves the prepartion of insurance certificates by registered valuers that includes reinstatement, depreciated replacement value and demolition estimates. The benefit of underatking this exercise is to get clear identification of the insurance values of a building, and protection of the insured in order to effectively reinstate the building. Also in times of increased premiums, it ensures that buildings are not over-insured. Should you be concerned about the insurance cover of your prime buildings please contact us by clicking on the tab at the top of this page.
Entry filed under: General Interest.