Accurate Assessements Costs for Rebuilding properties
Property owners must include a provision for reinstatement cost in their financial forecasts in the event of a total loss of a building which occurs as the result of an insured peril. A requirement of most insurers and underwriters, calculating the reinstatement value will ensure that they are protected from future financial risk. It will also form the basis for insurance premiums to be set or adjusted and is recommended to be reviewed every three years to ensure an up to date valuation.
Cardoe Martin provides this service for commercial and residential clients on properties ranging from private dwellings to large scale commercial units and major developments. The majority of our clients instruct us to inspect their portfolio on a cyclical basis. In conjunction with our inspection, measurements and assessment of the construction and property records, we