Services > Insurance Valuations
Is your property adequately insured?
Currently many factors are affecting the construction industry. Labour and material shortages, inflationary pressures, record oil prices all combined result in a considerable increase to construction costs. Research shows that 80% of Australian homes are currently under- insured, leaving the property owner financially susceptible as a result of some type of mishap or natural disaster.
There are many contributing factors when assessing the correct amount of insurance:
- Rise and fall of prices during the pre construction phase
- Professional and authority fees, approvals etc
- Construction delays e.g. inclement weather
- Time lapse between policy renewal dates
- Assessment of damage and claim finalization
- Demolition and removal of debris
Determining adequate building insurance requires a detailed knowledge of construction costs and procedures. Our skillset and experience allows us to undertake insurance replacement estimates for all types of property residential, commercial, industrial, retail and rural.
Will inadequate insurance threaten your financial goals?
A Real Property Matters replacement cost estimate will provide you with an accurate insurance estimate helping you to mitigate the risk of your property being under-insured.
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