Whether it be a domestic dwelling or a commercial property it is vital that you know the true Insurance Replacement Cost of your asset.
It is a common mistake for people to insure for the market value of the property instead of the actual replacement cost to rebuild the property considering all the relevant factors: cost of construction, labour and materials, removal of debris, professional fees and so on.
A professional quantity surveyor will provide a detailed report that can be used in your insurance program to ensure that your sum insured adequately protects your interests.
In commercial insurance policies if you have not insured your property for the full replacement value, claims payments can be heavily reduced in the amount you are entitled to claim.
If you are interested in obtaining a professional report, we can recommend MCG Quantity Surveyors At this link, you will find various videos that explain MCG and what they will provide.
For more information or to arrange a report, please contact your account manager or via email to our office at queries@roderick.com.au
