Stone Survey
Reinstatement Calculations
Building Insurance and Valuation and making sure you get your property fully reinstated after the damage. Suitable for houses, purpose built and converted flats, maisonettes, bungalows, shops, offices, factories, warehouses, leisure facilities and mixed use properties which include both a residential and commercial element.
We are able to help you with insurance claims for problems such as fire and earthquake damage, subsidence flooding etc. We understand the law relating to buildings insurance, we understand buildings and we can negotiate with your insurance company or the NHBC.
We are also able to help with advice as to how much a property should be insured for; i.e. the Insurance Reinstatement Sum for both commercial and residential properties. This is based on figures and data provided by the BCIS (Building Cost Information Service of the RICS), and based on the size, age and type of the property. Because of the different methods of assessment, it is essential that a building owner and his surveyor understand the terms of the insurance policy for the particular building. If the policy is not understood, the sum insured may be calculated on the incorrect basis and the building owner left with losses which could otherwise have been insured you must typically ensure you insure the rebuilding cost of your property rather than the market value. Land normally accounts for about a third of the property's value, yet it is not under threat from theft, storms or fire. As a result, covering the rebuilding costs of your home rather than the market value saves on your premium.
Please talk to us for more details about how we can help you, by calling 020 7100 7087 / 020 3355 2055 or email info@stonesurvey.com.