Most insurance companies have recently moved to ‘sum insured’ replacement cover on your home.
This means you are now required to specify the amount of insurance cover you need. It’s vital that you get this right! Few owners have the tools or knowledge to undertake this task adequately themselves.
Why Use A Registered Valuer?
A registered valuer is a trusted, independent property professional who can provide an impartial professional report on the costs to replace the improvements on your property in the event of an earthquake, fire or other disaster.
An Added Valuation insurance report, includes the cost to replace your home with ‘modern equivalent’ materials, inclusive of fixtures and fittings, as well as any improvements you would replace (fences, paths, driveways, pools, septic/water tanks, retaining walls, etc). Our assessments allow for demolition costs, professional fees (architects, engineers, council, etc) and inflation. We also provide you with an indemnity value (the cost to replace less inflation) and can, upon request, provide a functional replacement value.