Is your property appropriately insured? Bennington Green provide an independent valuation of the cost of the entire reinstatement of your property to ensure that you are appropriately insured.
On small residential properties often the insured can rely upon the notional valuation of a typical property in accordance with the insurers database. However, on properties of significant value, or of uncommon configurations, these ‘rule of thumb’ valuations are often imprecise, with the obvious connotation that you may be paying too much for your insurance, or at risk of being uninsured and not being covered appropriately in the event of a significant claim.
Our insurance reinstatement valuation reports are produced in accordance with the RICS guidelines and provide you, and the insurers, with (1) information about the property, its location and general construction, (2) an analysis of how we have reached our valuation recommendation, and (3) a site layout and/or photos.
We recommend that properties are reassessed either every 5 years or when significant alterations have been made, whichever is the sooner.
Our reports ensure that you have ‘piece of mind’ that you are insured appropriately and that in the event of a significant claim you should recover your insured losses.
We are able to offer fixed price quotations upon request, and reduced price re-assessments if they can be undertaken on a desk study basis (i.e. no material alterations).