Insurable Replacement Valuations
Is your property over-insured or under-insured?
Insurable value is less than the property’s market value because it excludes the land value and any measured depreciation of the improvements. Replacement value is the cost to reconstruct an existing property at current prices with current materials.
Therefore the insurance industry equates replacement value with insurable value. We utilize the most recognized industry tools to derive the true replacement cost of your property. Let our experts help you answer your insurable value needs.