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 Valuation Services - Insurance

 

Insurance Valuation Topics:



 Business insurance costs

 Co-insurance

 Average

 Maximum Probable Loss

 Under insured

 Modern Equivalent Asset

 Reinstatement Intention

 Betterment

 Replacement with new

 Insurable value

 Exchange rates
  Inflation

 Overseas content

 Technological Change

 Basis of Value

 Documentary evidence for a claim
 Cost effective advice

 

Financial                Mergers/Acquisitions               Taxation               Leasing/Finance               Insurance

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Insurance Valuations


Do you have insurance cover appropriate to the replacement cost  of your assets?


Your risk management review should ask many questions including;


  Are the existing sums insured an accurate reflection of replacing your loss with optimal technology?

  Do you rely upon historic accounting documents to determine sums insured?

  Would you be capable of managing the loss in-house?


These questions and many more need to be asked prior to determining your insurance valuation.

MitchellMunn will deliver robust advice which will ensure you do not purchase more insurance cover than is necessary. We ensure that the assets are accurately valued and therefore correctly insured. As a result your company avoids the co-insurance clause following any future loss.