Actua has a track record of working with property owners to make sure that their assets are insured to reflect their true reinstatement cost, no more, no less...
UK Insurance underwriters require commercial property owners to obtain an assessment of a building's reinstatement cost should it be entirely destroyed. Appointing a skilled professional to undertake this assessment is pivotal to ensuring a property is not under or over insured.
Actua offers a simple fixed price Insurance Reinstatement Cost Assessment to provide our clients with accurate, up-to-date analysis of their properties. This assessment enables the correct level of insurance to be determined, based on the cost of reinstating or rebuilding the premises. Any risks associated with under-insurance shortfalls or payment of excessive insurance premiums due to over-insurance are eliminated.
Actua's assessments are compiled on an elemental basis ensuring they are accurate, robust and fully comprehensive. It is recommended that these are reviewed every three years to accurately capture fluctuations in market conditions.
Actua provided advice to one of our large multinational Clients; in relation to their diverse building portfolio in London. This consisted of Insurance reinstatement cost assessments on a wide range of properties, including listed buildings; market halls and large mixed-use retail and recreational buildings. The delivery of their service was found to be efficient with robust professional advice and an attention to detail. We would not hesitate to use Actua’s services again in the future."