Your insurance valuation needs to accurately reflect your property
Make sure your replacement insurance value fits your house, and that you’re paying the right premiums.
You also will want to know that your building costs for your new home will match the amount you are insured for.
Talk to us about what you need to do to protect you and your property in the future.
Ensure that you are covered for the full value of your home and property without paying more than you have to.
Residential Homes and Lifestyle properties.
As a result of the Christchurch Earthquakes insurance companies have changed Residential Property Insurance policies to bring them more in line with commercial property insurance. Policies issued from July 2013 onwards have moved from an open ended full replacement to and or "Total Sum"/"Agreed Sum" insured maximum specified amount.
Getting a Reinstatement Valuation Assessment is Vital.
Home Owners Need This To Know Their Property is Fully Insured. They must ensure they have sufficient cover in place to re-build the asset in the event of a total loss.
This Total Sum Insured will include:
- Re-building the main home with an equivalent new home.
- Re-building or replacing any site improvements such as drives, patios, fencing, decks, garaging, pools etc.
- Other costs building consents, professional fees, compliance costs, and any possible demolition, site clearance and removal of any debris
Valuers Inc offers an insurance certificate showing a total reinstatement cost to re-build a home and reinstate other improvements.
Tired of that high stud Via or Bungalow? Well under functional replacement in consultation with you the client you can get an equitant functional modern home.
Valuers Inc will need to inspect the property, ensuring that all relevant information is carefully noted to determine what the property’s full replacement/reinstatement value to make sure sufficient cover is in place to re-build the property fully.
Residential Insurance Certificate – Get a Quote Now