Insurance Valuation

By Nitesh Shrivastava On 2017-03-02 03:03:25

The Insurance Valuation assures the owner of the asset that the asset, has optimum insurance and hence is not in a loss due to excessive coverage payment. At Government Approved Valuers property we understand the loss of an asset in any form can be a disturbing experience. However this experience can be more distressful if the asset in question is under insured. Our insurance valuation services can save you from such financial disasters by correctly calculating the right amount of insurance required.

While performing insurance valuation our prime objective remains to ensure that adequate funding be made available that would mirror the cost of replenishing the physical loss caused. For example in case of property insurance valuation, we not only cover the structure but also ensure that the damages incurred due to loss of rents are included as an additional expense.

Similarly in case of businesses, our team of experts focus on ensuring maximum business continuity in an event of interruption. This is achieved by insurance valuation done, keeping in mind the the cost to replacement the existing business, countingsubstances which may be destroyed by a casualty.

Our insurance valuation experts primarily emphasize on replacement costs of the business instead of the reproduction costs. With the proper calculations done by our team of valuers, the cost to recreate the replacement business or asset which is functionally equivalent to the insured business/asset also know as replacement cost, is accurately calculated, so that you can live with a peace of mind, knowing that you the right insurance.

Posted in Insurance Valuation | Tagged Insurance Valuation, Government Approved Insurance Valuation