Insurance Services

Property insurance plays a crucial role in protecting homeowners, stratas and businesses, particularly in hurricane-prone regions.

Arguably the primary reason for taking out property insurance is that it covers the cost of repairs or rebuilding in the event of property damage. Hurricanes, for example, can cause severe structural damage to homes and buildings, including roof damage, flooding, and destruction of personal belongings. Without insurance, the financial burden of repairing or rebuilding can be overwhelming, potentially leading to financial ruin. In addition insurance policies often provide coverage for temporary accommodation, such as hotel stays or rental properties.

We are experienced in preparing Insurance Replacement Cost Assessments (sometimes referred as a Replacement Cost Assessment or an Insurance Valuation) that will help you get the insurance policy that best fits your needs. Our insurance reconstruction estimates will ensure that you are protected against the possibility of being underinsured.

Our Insurance Replacement Cost Assessment reports are prepared by Chartered Surveyors in accordance with the most recent edition of the Royal Institution of Chartered Surveyors (RICS) professional standards and guidance, "Reinstatement cost assessment of buildings"

Property insurance is of paramount importance as it offers financial protection and peace of mind to individuals, stratas and businesses. It safeguards against unexpected events, ensures the ability to repair or replace damaged property, and provides liability coverage.

We are often asked "Loss Assessors vs Loss Adjusters: What’s the Difference?"

Although similar they are distinct roles. An insurance Loss Adjuster refers to a claims specialist who is appointed and paid by an insurance company. Their role is to (on behalf of the insurance company)   investigate the cause of the claim, determine whether it is covered by the insurance policy and if it is they will determine the extent of the loss, but always from the insurance company's perspective.

Loss Assessors on the other hand are appointed by policyholder(s) to manage all aspects of the claim procedure. They will assist with every part of your claim, from paperwork to practical matters. They will meet with representatives of the insurance company or their assigned loss adjusters in order to negotiate the best possible claim settlement on your behalf.

We have acted as the Insurance Loss Assessor for clients (private individuals, stratas and companies) who's property has been damaged by fire, flood, storms, earthquakes and even subsidence.

If the worst should happen we will be there to help you recover from it.

We can assist your property mangers prepare a robust disaster management plan, our key priority being the provision of a safe, usable building for all occupants.

After the event we can help with the response by addressing immediate threats to people, property, and business by making the property safe, conducting emergency repairs, restoring utilities and cleaning up so that task of assessing the damage can begin.

Once the property is safe the work of restoring the property can begin, and we can assist with the procurement of the construction services needed to to that in a timely and cost effective manner.

We have assisted clients (in particular stratas) who's property has been damaged by a significant event.