Certified Practising Valuer · 20+ Years' Experience · 40,000+ Valuations Completed
REPLACEMENT COST

Insurance Valuations

Replacement-cost assessments to help protect against underinsurance.

WHAT YOU NEED TO KNOW

A Replacement-Cost Assessment For Appropriate Cover

Market value and rebuilding cost are not the same. An insurance valuation estimates the cost to replace improvements, including relevant allowances, so your broker or insurer can arrange appropriate cover.

When This Valuation May Be Needed

  • Commercial and industrial property
  • Strata and community schemes
  • Special-purpose improvements
  • Periodic insurance reviews
REBUILDING COST, NOT SALE PRICE

Understand The Cost Of Replacing The Improvements On Your Property.

A property’s market value is not the same as the cost of rebuilding it. An insurance valuation considers the improvements and relevant replacement allowances to help arrange appropriate cover.

Paul prepares formal assessments for commercial, industrial, strata and other properties where relying on a general estimate may leave an owner exposed to underinsurance.

COMMON QUESTIONS

Insurance Valuations FAQs

Clear answers before you arrange your valuation.

Why can replacement cost exceed market value?

Rebuilding can involve demolition, professional fees, current construction rates and other costs not reflected in sale price.

Do you value strata property for insurance?

Yes, subject to the buildings and improvements included in the instruction.

How often should the valuation be reviewed?

Costs change over time. Your broker or insurer can advise how frequently cover should be reviewed.

Can you value commercial and industrial buildings?

Yes. Paul has experience with commercial, retail and industrial improvements.

Can the report go to my broker?

Yes, with your authority.

1

Request a quote

Tell us the property and purpose.

2

We inspect and research

Your valuer analyses the property and market evidence.

3

Receive your report

A clear signed valuation report is sent to you.

Need a valuation?
Get the price first.

GET AN INSTANT QUOTE →CALL 08 7111 2956
CALL 08 7111 2956INSTANT QUOTE →