Insurance Valuation Reports
Our reinstatement valuations deliver a clear, thorough assessment of your property’s actual rebuilding costs. Each valuation includes:
Base Construction Costs: The expense of rebuilding the structure using current building rates and materials of a similar standard. Factors also considered are location, availability of trades, and availability of materials.
Demolition and Debris Removal: This includes the cost to remove any damaged structures safely and dispose of those materials. This may include any hazardous materials
Professional Fees: Engineers, architects, project managers, and local government fees all need to be considered when the structure is rebuilt.
Cost Escalation: During the construction period from the time of the event until completion construction costs can increase
External Works: The report also takes into consideration external works such as driveways, fencing, swimming pools. External structures such as sheds, gazebos and the like.
Compliance: An allowance is also made to bring the building to modern standards to meet local building codes and laws.
Ensuring adequate coverage through professional valuation.
