Find out more about reinstatement cost assessments, how to make sure yours is correct, and how they’re utilised by the insurance industry.
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There seems to be a lot of confusion between these two terms. We even hear them being used interchangeably- but they’re very different figures, used for very different purposes.
This article will explore the potential legal and financial implications that can arise if a property is damaged beyond repair.
The overall condition of a block, along with its planned maintenance and inspection schedule, play a crucial role in determining the coverage and premium of the required buildings insurance policy.
With mixed-use developments, it’s vital to understand the effect any commercial units will have on the building’s overall insurance.
Wanting to lower costs, one area to cut back on is the cost of reinstatement cost assessments – hence rise in popularity of ‘desktop’ RCAs.