Our expert valuers provide prompt and accurate valuations of property and business assets for insurance purposes.
It is crucial for businesses to be mindful of the potentially damaging impact that out of date valuations or undervalued assets can have when facing an insurance claim. The task of maintaining accurate valuations can feel daunting and often something that can be put off for 'another day' but too often that day never comes and businesses are hit with significant losses as claim pay-outs are vastly out of sync with true values.
Asset valuations are project managed by our expert insurance valuers from start to finish to give you the peace of mind that all aspects are taken care of and your insurer is in possession of up to date, robust and accurate valuation reports that will stand up to scrutiny in the event of a claim.
The Importance of Insurance Valuations
Insurance valuations of the buildings and the many types of machinery and other business assets your business owns are highly recommended by insurers, particularly in the following circumstances:
An up to date valuation will ensure that the level of insurance cover provided is appropriate and they are often required as part of the due diligence process when renewing a policy. Expert valuations from our insurance valuers can also avoid the application of valuation averages being applied to assets in the event of a claim which can result in underpayment of claims. Accurate valuations often enable a simple and quick negotiation process with loss adjusters, therefore speeding up the settlement of a claim.
With a team of both property and plant and machinery valuers located across the country, we can meet all of your insurance valuation needs in an efficient and cost effective manner.
We provide insurance assessments using the following three methods:
Our experts can advise you on the most suitable valuation method to fit with your requirements.
For further information about our valuation service, please complete the contact form above or below and a member of our insurance valuations team will get back to you immediately.