EnglishWelsh
Oakleafe-Claims-WalesOakleafe Claims - Insurance Wales
Oakleafe Claims

INSURANCE REBUILD
VALUATIONS

VAR (VALUE AT RISK SURVEYS)

Insurance policy’s have a declared sum for any cover for buildings which should relate to the full rebuilding cost of your demised premises. This is not the same as the market value of the property which has no relation to the Insurance rebuild value. Most people get this wrong and this has massive implications on the claim settlement.

Our RICS Chartered Surveyors can produce VAR (Value At Risk) surveys to give an accurate sum to be insured.

This service is often re-sold by brokers. As you are aware it is the responsibility of the policyholder to provide a correct rebuilding cost, but is always the Brokers fault in their eyes when it is inadequately insured!

A policyholder is often unable to estimate the full cost of demolition and rebuilding of their property. No two properties are equal. The rebuilding costs for every type of building will be different and varies depending on individual building types. Allowing for all aspects of a total loss is not easy and should be done by professionals. The benefit for as Broker is that the correct rebuilding costs usually equate to more premium as most policyholders under value their properties and miss ancillary costs which they would be exposed to in the event of a claim.

ABOUT
OAKLEAFE CLAIMS

Typical Rebuild Calculation elements include but are not restricted to:

Fencing & Boundary Walls

Drives

Landscaping

Heating Systems

Hot & cold water

Gas

Electricity

Lighting

Sanitation

Drainage

Bathrooms

Foundations

Walls

Roofs

Floors

Partitions

Doors and windows

Finishes

Decorations

Fitted wardrobes

Kitchens

Swimming Pools

Garages

Outbuildings & Sheds

Ventilation

ABOUT
LOSS ASSESSING
regulated by the FCA and completely independent

CALL OUR 24 HOUR INSURANCE CLAIM HELPLINE: 0292 252 1234

CONTACT NOW
envelopephone
error: Alert: Content is protected !!