Reinstatement Cost Assessment
The right reinstatement cost assessment ensures you will have sufficient cover to rebuild your property if the worst happens.
During a reinstatement cost assessment (RCA) our surveyors will evaluate various factors related to the property, including its size, construction type, materials used, architectural features, and any unique or specialised elements.
From ‘one off’ houses to portfolio valuations, our team of Chartered Building and Quantity Surveyors have the skills and experience to ensure your insurance valuation is accurate and promptly delivered.
Our insurance valuations aim to strike the balance between providing enough cover, without over-valuing and ensuring that you're not paying over the odds on your premium.
Unlike many of our competitors, we have Quantity Surveyors in-house, so we can access live cost data, which enables us to ratify costs against real building prices for real projects. This also gives us an advantage when dealing with complex sites, where generic cost indices are simply not up to the job.
Along with all that we do, our insurance valuation reports are delivered in a simple user-friendly format, which gives you the key information you need without the waffle.
It's important to note that the reinstatement cost assessment is distinct from the market value or the sale price of the property. The market value may include factors such as land value and location, while the reinstatement cost focuses solely on the cost of rebuilding the structure itself.