Insurance Replacement Valuations

Insurance replacement valuations determine the cost to rebuild a property in the event of total loss. These valuations exclude land value and are essential for ensuring adequate insurance cover.

We provide independent replacement cost valuation certificates for residential, Retail, industrial, office and agricultural properties.

Our Services Include:

  • Replacement cost valuations for:
    • Residential buildings
    • Retail, Office, and Industrial buildings
  • Allowances for:
    • Demolition and debris removal
    • Professional and statutory fees
    • Escalation and contingencies
  • Valuations aligned to current building cost indices
  • Reports suitable for insurers, brokers, trustees, and managing agents

Why Insurance Replacement Valuations Are Important

  • Prevents under-insurance and financial shortfalls after a loss
  • Avoids over-insurance and unnecessary premium costs
  • Ensures claims are settled accurately and efficiently
  • Required by many insurers and body corporates