Insurance Valuations

Many insurers will require a valuation of the cost to rebuild your property in the tragic event that it is destroyed by fire or other disaster. This is often referred to as a Fire Reinstatement Valuation.

The valuation process involves a visit to site by our surveyors to measure the size of your premises and record its construction and any special features. Using this data we can then calculate the cost to re-build the property thus ensuring that you have adequate cover.

If you have insufficient cover your insurance company will not fund the full cost of rebuilding your premises. Equally if you are over-insured you will be paying too much for your building insurance.

Whilst most modern insurance policies will index link the initial valuation it presents best practice to re-value your property every 3–5 years.

If you are concerned about your level of cover please contact us. Our team offers a professional, efficient service in full accordance with RICS guidance for individual properties or whole portfolios.

We complete Insurance Valuations of both residential and commercial properties as part of our Survey service but have also completed valuations of portfolios of more than 120 properties for clients such as British Waterways as a bespoke service.

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