We provide commercial appraisal and valuation services such as performing an insurable value (also known as insurable replacement cost). It should be noted that insurance coverage is usually specific to a given project. Furthermore, an insurable value is a matter of underwriting as opposed to valuation. It is extremely important to know that insurable value is not an indication of market value.
We make insurable estimated by using base costs and multiplier adjustments for market conditions and location form Marshall Valuation Service, which is assumed to accurately reflect replacement cost of the subject. This is an estimate of the minimum insurable cost of the subject building. It is recommended that the client contact an insurance provider to assess their individual insurance requirements.