Reinstatement Cost Assessment and Insurance Claims

Enables surveyors to offer advice to their clients on both the appropriate level of insurance required and on the procedures for making a claim. This edition covers: assessment of the sum insured; the calculation of the reinstatement cost; professional fees; policy details; and site inspection.

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Surveyors are frequently requested to make an assessement of the reinstatement cost of buildings for insurance purposes. Accurate recommendations are essential if clients are to avoid the severe problems which can be caused by inadequate insurance cover. This publication enables surveyors to offer sound advice to their clients on both the appropriate level of insurance required and on the procedures for making a claim. Practical suggestions, clearly presented, invite surveyors to consider the varying, specific inforimation which needs to be recorded in each case to allow an adequate reinstatement figure to be derived. This edition includes information on: assessment of the sum insured; the calculation of the reinstatement cost; professional fees; policy details; site inspection; statutory consents; and preparing claims.