Detailed elemental costings outlined in the reports support the overall valuation figures.
In many cases, the values provided for calculating the additional FENZ Levies have resulted in significant savings for the client.
A Commercial Rebuild Valuation is the only way to ensure an accurate sum insured figure for your commercial property insurance policy.
A Commercial Rebuild Valuation by CCC provides you with a report stating the assessed Reinstatement Value, Reinstatement Value Inflationary Provision and Demolition Estimate.
CCC have completed commercial property reinstatement estimate reports for a number of my commercial clients and the CCC staff have been good to work with, keeping both myself and my clients well informed on progress throughout the process. The outcomes from their reports have always been very favourable with the insurers appreciating the detailed elemental costings outlined in the reports in support of the overall valuation figures, and in many cases the values provided for calculating the additional FENZ Levies have resulted in significant savings to the client.
Underinsurance can lead to significant financial losses in case of damage or destruction.
Insurers often require a professional valuation to provide coverage. This valuation assures the insurer that the coverage amount is based on a realistic assessment of the rebuild costs.
The Benefits
We are New Zealand’s leading provider of Commercial Rebuild Valuations.
A member of our Quantity Surveying team will carry out your site inspection. This involves a full measure and itemisation of the construction of the property.