Next Step Guide - Get the right replacement cost estimate
Learn how to secure a timely, accurate replacement cost estimate by a qualified professional, ensuring that the insurance in place will prevent any liability claims.
Is your commercial or residential property over-or under-insured?
Chances are that it is, given that research indicates some 75% of commercial buildings are underinsured, and professionals who assess building replacement costs frequently find instances of properties that are over-insured.
This guide can help you secure a timely, accurate replacement cost estimate by a qualified professional so you can be confident that should a loss impact your property, the insurance in place will cover the replacement cost and prevent liability claims.
In this guide, we will cover:
What exactly a replacement cost estimate is and how it differs from a property valuation
Risks and opportunities: why having a current, accurate assessment is so important for you and your property
Five best practices for establishing the right insurable value
Special considerations for condominiums/apartments
Frequently asked questions
