Valuation services
Be prepared
THOMPSON & BRYAN operate a separate Valuation Department specializing in industrial and commercial valuations of Buildings and Plant for insurance purposes, each tailored to the Client’s individual requirements. It is recommended that you utilize our qualified staff of Surveyors and Valuers for the following reasons.
- You will need to insure your Buildings and Plant for their full replacement value in order to avoid the penalties imposed by the Average clause in your policy due to under-insurance, in event of your suffering a loss by Fire or other Peril.
- THOMPSON & BRYAN’S day-to-day involvement in the negotiation of insurance claims renders their staff fully conversant with the problems associated with values at risk.
- The valuation presentation can range from summarized figures to a fully detailed priced or unpriced Plant Register, depending upon your specific needs and budget, all at reasonable cost.
- Once the initial valuation has been completed, it can be updated annually or other agreed interval, over periods of three to five years at modest cost.
- Valuations can be provided either in traditional document format or on electronic media.
- THOMPSON & BRYAN administer many insurance valuation schemes with various Trade Organizations for the benefit of their members, and firms of Insurance Brokers for their clients. These schemes apply to Buildings and Contents, and also extend to include projected revenue calculations for Business Interruption insurance.
- Even if you feel confident that adequate insurance cover exists, it is comforting to have this confirmed by experts at reasonable cost.
ARE YOU PREPARED TO ACCEPT THE RESPONSIBILITY OF ESTIMATING THE VALUES YOURSELVES, OR IS IT BETTER TO LEAVE IT TO THE PROFESSIONALS?