Reinstatement Cost Assessments
We undertake reinstatement cost assessments (also known as Fire Insurance Valuations) on individual properties and small portfolios. The majority of our assessments are prepared in conjunction with our building surveys, but we can undertake reinstatement cost assessments in their own right starting with a site inspection and area measurement.
We provide our assessments on a ‘Day One’ basis that includes allowances for demolition and fees and is a recognised basis within the insurance industry. Our rates are based on our own construction cost data as well as published cost information, but if the property is complex and unusual, we are able to draw upon the knowledge of cost consultants.