Are your buildings fully covered? In the event of a disaster striking your property, can you be sure that the insurance will cover the cost of remedial works or re-building.

Reinstatement Cost Assessments are prepared to ensure that the buildings are sufficiently covered by insurance. The cost of rebuilding is not related to the value of the property and in some cases can be higher.  Where a property is under-insured, “average” may apply reducing the contribution from the Insurance Company to the reinstatement works.

Thorough reviews of insurance cover may help to reduce premiums by ensuring that the property is covered by a realistic figure. For our clients who have multiple properties, this can amount to a substantial saving.

Included in the Assessment Report are photographs and reference plans. These can help in processing any claim and simplifies reviews.

The Building Consultancy team is experienced in assessing rebuilding costs. This is particularly important when dealing with commercial or historic buildings.