Case Study
New reinstatement cost assessment provided for a portfolio of 6 properties in the North West
We were instructed by a repeat client to re-assess, update and provide a new reinstatement cost assessment for a portfolio of 6 properties in the North West. The assessment uses live cost data to provide a cost estimation to reinstate a property in the event of a total loss so insurance can be sought to provide adequate cover. Insurance companies use a cost factoring based on the property value and this does not take account of the site, any special features of the building or particular complications in the reconstruction of a building and rebuild values are often undervalued.
