Insurance Assessments
Buildings Insurance for commercial properties requires an accurate value known as ‘Buildings Sum Insured’ to provide sufficient sums to cover the full replacement of the property if ‘Total Loss’ was caused by an ‘Insured Peril’ such as Fire, Flood, Subsidence, etc.
Insurers recommend that a survey of the property by a Building Surveyor is undertaken every 3 – 5 years as part of a formal Reinstatement Cost Assessment (RCA) which will seek to provide a calculation for the reinstatement of the property. Annual updates via a desktop RCA in between formal survey years should also be undertaken to maintain the accuracy of the insured sum
We can offer the following services
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- Formal RCA Survey & Reports
- Desktop RCA Survey Reports
- Fire Damage reinstatement advice
- Subsidence damage advice
- Flooding damage advice