Our Services: Fire Insurance Valuations
Whilst any form of loss is disruptive to your business, to discover your property is also undervalued is potentially catastrophic, with hidden unaccounted liabilities and the potential for Insurers to apply average i.e. only paying a percentage of the loss. Conversely finding your property is over-insured could mean that you are paying unnecessarily hefty premiums.
Managing the risk is imperative and undertaking an independent review of a property portfolio on a regular basis is vital in a volatile market. Synergy consider that a full survey and reinstatement calculation should be undertaken on a five year cycle with annual desktop updates to keep in line with market inflation.
Synergy’s Cost Consultancy team provide this service on behalf of our client’s for all types of property. Our service provides all the necessary information required to notify our client’s insurers.