Property owners often focus on the market value of their assets, but there’s another crucial aspect that deserves attention—the property reinstatement value. Property reinstatement value is not based on the perceived value of the asset but on the estimated cost required to restore or rebuild a property to its original condition after damage or destruction.
Our articles below discuss the importance of having the value of your home or business professionally assessed, the factors that contribute to the rebuild cost of your property, and what is involved in property loss valuation assessment.
Most commercial property owners in Ireland are insuring their buildings for the wrong amount. Not by a small margin. A commercial building insurance valuation is the process that establishes the
To calculate your buildings sum insured, you need the full reinstatement cost of your property: the total expense of demolishing what remains after a loss, clearing the site, and rebuilding
Three years is the key RICS review point , but it should not be treated as a reason to leave your sum insured untouched in the meantime. RICS guidance advises
Climate change is no longer a distant threat—it’s a present-day force altering weather patterns, increasing flooding, and driving up costs across sectors. One of the most deeply impacted industries is
Table of Contents What Is Underinsurance? How Does Underinsurance Happen? What Is the Average Clause? What Are the Real Risks? How Much Does It Cost to Rebuild? Why Do Homeowners
Your property needs the right valuation. Get it wrong and you’ll pay the price. A rebuild valuation protects your biggest investment. It stops you from losing money on insurance claims.
Recent storms, like Storm Éowyn, highlight a critical issue for homeowners in Ireland: the escalating costs to rebuild a damaged property. This article explains the factors driving these rising rebuild
Getting your house rebuild cost right matters. Many homeowners don’t know the difference between market value and rebuild cost. This mistake can lead to serious insurance problems if your home
In today’s rapidly evolving property market, accurate reinstatement cost assessments (RCAs) have never been more critical for property owners across Ireland. As construction costs continue to rise and building methods
Did you know that over 90% of commercial Irish properties are not insured for the correct amount? This fact creates a serious risk for your clients. Property owners need exact