RCA_Survey

What is a Reinstatement Valuation?

A reinstatement valuation, also referred to as a reinstatement cost assessment, calculates the estimated cost of rebuilding your property in the event of a total loss, such as a fire or natural disaster. As accredited RICS surveyors, we are experts in providing accurate reinstatement cost assessments to ensure your property is adequately insured. This protects you from overpaying on insurance premiums or being underinsured, which could result in substantial financial loss.

Our RCA Process

  • Site visit by experienced surveyors
  • Extensive research using BCIS data and other relevant sources
  • Adherence to current RICS guidelines

What's Included in Our RCA Reports

  • Detailed property description
  • Schedule of floor areas
  • Estimated construction time
  • Rebuild value based on:
    • Construction costs
    • Demolition allowances
    • Professional fees

Contact us today to speak with one our RICS-accredited surveyors about your specific requirements and enjoy the peace of mind that comes with a highly skilled team, accurate valuations, and comprehensive reports.

Do I need a Reinstatement Cost Assessment?

Get Peace of Mind with an Accurate Rebuild Cost Assessment

A Reinstatement Cost Assessment (RCA), also referred to as a rebuild valuation or insurance valuation, is essential for determining the reinstatement cost of property. This is the estimated cost required to rebuild or reinstate your property to its original condition in the event of damage or destruction.

The assessment evaluates key factors such as the property’s size, architectural features, construction materials, historical value, and overall quality. It also considers the costs of labour, materials, professional fees, and any necessary demolition or site clearance.

An accurate RCA ensures your property is neither underinsured nor over insured. Underinsurance could leave you exposed to significant financial loss, as the insurance payout might not fully cover the reinstatement cost of your property. Over insurance, on the other hand, can result in unnecessarily high premiums.

Ensuring you have the correct reinstatement cost of property is a vital step to protect your assets and avoid costly insurance mistakes.

Book Your RCA Valuation

Book Your Rebuild Cost Assessment

Contact our RICS registered valuers today to arrange your buildings reinstatement cost assessment or speak to us directly on 020 7183 0321.

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