Insurance Replacement Cost Estimate Report
Our experienced team at Caseco Quantity Surveyors will ensure you have appropriate insurance cover for your property and are paying the correct premiums.
Caseco Quantity Surveyors will ensure you have appropriate insurance cover for your property and are paying the correct premiums.
Who needs an Insurance Replacement Cost Assessment?
If you are an owner of a residential property including strata developments, or an owner or landlord of a commercial, industrial or retail property, you need to obtain an Insurance Replacement Cost Estimate Report.
Building costs together with costs of materials, labour and professional fees can vary from year to year and in most circumstances, increase.
By obtaining an Insurance Replacement Cost Estimate Report from our experienced team of Quantity Surveyors at Caseco Quantity Surveyors, you can rest assured that you will have the appropriate cover and are paying the correct premiums.
What is an Insurance Replacement Cost Estimate Report?
An Insurance Replacement Cost Estimate Report is an estimate of the actual cost to rebuild the building at the time of the assessment, assuming a total loss situation and a reinstatement with a new building/buildings of similar size and materials.
The Insurance Replacement Cost Estimate Report makes provision for cost escalation during the insured period and rebuilding process, allowances for demolition and clean up, professional fees and other costs depending on the type of property.
Property owners, body corporate and strata managers can be assured of a professional, independent report that is easy to read.
