commercial REBUILD VALUATIONS

Our Commercial Rebuild Valuations are the most reliable way to determine an accurate sum insured figure for your commercial property insurance, ensuring your asset is fully protected and all risks are appropriately managed.

OUR EXPERIENCE AND
EXPERTISE GIVE OUR
CustomerS AN ACCURATE
SUM INSURED VALUE

Accurate FENZ Levies

In many cases, our accurate valuations for calculating additional FENZ levies have delivered substantial savings for customers—ensuring full compliance without unnecessary overpayment.

Accurate Insurance Coverage

Our valuation provides your insurer with confidence that the sum insured is grounded in a realistic and accurate assessment of rebuild costs, ensuring appropriate coverage and protection.

Risk Management

Understanding the true replacement value enables you to secure appropriate insurance coverage and minimise financial exposure, ensuring your assets are fully protected.

Dispute Avoidance

Our reports include comprehensive elemental costings that support the overall valuation figures, providing transparency and valuable assistance during a claims process.

Financial Planning & Budgeting

Overinsurance caused by hyperinflation is a common challenge for commercial buildings. Our commercial rebuild valuation provides an accurate, reliable figure you can trust, ensuring you’re neither overinsured nor underinsured.

Asset Management

An accurate, up-to-date rebuild valuation is vital for the effective management of your commercial building, ensuring appropriate insurance coverage and financial protection.

OUR REBUILD
VALUATION PROCESS

Step 1: Site Inspection

A member of our highly trained building assessor team will conduct a thorough site inspection, gathering detailed construction information and precise property measurements. This meticulous approach ensures accuracy and reliability in your valuation report.

STEP 2: CALCULATING YOUR REBUILD VALUE

Leveraging our specialist construction expertise, detailed costings, and C3IQ intelligence systems, we deliver accurate and reliable rebuild valuations tailored specifically for your commercial property.

STEP 3: FULL ELEMENTAL REPORT

Your report is peer-reviewed by a qualified Quantity Surveyor and fully compliant with NZIQS standards. It includes the assessed Reinstatement Value, Reinstatement Value Inflationary Provision, Fire Emergency Levy Calculation, and Demolition Estimate, ensuring accuracy and confidence in your insurance coverage.

POWERED BY C3IQ PROPERTY VALUATION INTELLIGENCE

At Construction Cost Consultants, we combine industry expertise with cutting-edge technology. Powered by our proprietary C3IQ intelligence systems, we utilise real-time data to deliver precise, reliable, and industry-leading results every time.

THE IMPORTANCE OF A COMMERCIAL REBUILD VALUATION

Underinsurance can result in significant financial losses in the event of damage or destruction. A professional valuation not only mitigates this risk but can also mean you are paying significantly less in FENZ levies. Many elements within a valuation are exempt from the levy, and our detailed process ensures these items are identified and excluded, reducing your overall costs.

At Construction Cost Consultants, our comprehensive reports provide:

  • Assessed Reinstatement Value
  • Reinstatement Value Inflationary Provision
  • Fire Service Levies Valuation
  • Demolition Estimate
  • Full reinstatement duration

Each report includes detailed elemental costings to support the valuation figures, ensuring accuracy, transparency, and confidence in your insurance coverage.

WHY USE A QUALIFIED QUANTITY SURVEYOR FOR REBUILD VALUATIONS

A qualified Quantity Surveyor offers a significant advantage over registered valuers and online calculators. By delivering a comprehensive service and highly accurate reports based on up-to-date data, we ensure you can present valuations to insurance providers with complete confidence and peace of mind.

Qualified Quantity Surveyor
  • Site attendance for thorough assessment
  • Absolute accuracy in valuations
  • Reports valid for 2 years
  • Accurate calculation for correct Fire Emergency Levy charges
  • Audited and Accepted by FENZ
  • Detailed elemental breakdown of costs
  • Construction-qualified expertise
  • Uses real-time, evolving data
Online Calculators
  • Rely on outdated council information
  • Prone to inaccuracies
  • Zero liability for their estimations
  • Often refused by insurers
  • Simple percentage-driven estimates
  • Recent reviews indicate underinsurance risks of more than 50%
Registered Valuers
  • Focus on m² and land value, not rebuild costs
  • Confusion between market and rebuild valuations
  • Not all have Liability Insurance
  • Limited construction knowledge
  • Valuations valid for only 1 year