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Building Reinstatement (Insurance) Valuations

Your property is probably the most expensive asset you have. It is therefore essential that it is insured for the correct value against fire, explosion, flood and any other unforeseen peril.

Building insurance is based upon the full rebuilding cost of the property in the event of possible total loss. In the current climate, with escalating construction costs, some insurance policies may be undervalued thus potentially leaving property owners exposed. Other polices may be overvalued, thus exposing the owners to additional annual premium.

Whatever the case, in the current market condition, it is worth ensuring that your building is insured to the correct value.

We can undertake a site inspection and provide an assessment value of the building that can then be forwarded to your insurance company.

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