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Insurance Valuation Reports

When insurance matters

In some instances, an Insurance Valuation is required for compliance, dependant on the state in which the property resides. In all other cases Acumentis recommends getting an independent insurance valuation if:

  • You have never engaged a qualified valuer to assess your declared value for insurance.
  • You are reviewing your business interruption cover.
  • It has been more than two years since your last independent insurance valuation report.
  • Your asset-base has changed through acquisition or downsizing.
  • You are undertaking an insurance risk assessment.
  • You are looking to get a building valuation for insurance purposes.
  • Mediation
  • Compulsory acquisition and resumption valuations
  • Portfolio services

 

Types of insurance valuations

At Acumentis, we offer three different types of insurance valuations, depending on what coverage and service you require.

Extensive valuation

These insurance valuations are necessary if inadequate levels of sums insured have been detected or suspected. In addition to this, an extensive valuation is necessary if there has been a significant time gap since the last valuation. Our extensive valuations are offered to all property types. We assist you to understand building replacement costs, reinstatement values, property, and asset insurance coverage.

Insurance review

An insurance review simply checks all of your assets are adequately covered by your current insurance company. Acumentis recommends you undertake insurance valuation reviews whenever your business undergoes a significant change. This may be to its asset base or if it has recently gone through other major changes.

Desktop revaluation

The Acumentis revaluation services are offered as part of a longer-term insurance valuation program. Your insurance valuation expert provides essential advice and re-evaluation of insurance to confirm you have adequate coverage. At Acumentis, we advise all our clients to undergo regular insurance valuations of their property as well as plant and equipment assets.

Additional insurance services

To complement our valuation process, we also provide non-valuation services to address specific asset needs. These include at least:

  • Effective life reviews – a comprehensive review of a depreciating asset’s life, especially if it is subject to wear and tear.
  • Asset register reconciliation and reconstruction services.
  • Asset tagging and location audits.
  • Project management of large valuation assignments.

Contact your local Acumentis office to learn how these property and building insurance valuation services will help your business.

Insurance Valuation FAQs

It is a valuation of property for the purpose of replacement due to an insurable event such as a fire or natural disaster. An Acumentis valuation (also known as a replacement cost assessment) will make sure your building is insured for the full amount it would cost to replace, not just the replacement construction cost. Our experts will ensure all elements of replacement including building costs, escalation, demolition / removal of debris, re-design fees, application fees, and other professional fees are all considered and conform with current regulations. The value of land is not included in an Insurance Valuation as it is presumed that the land will still be intact after the insurable event.

- Engaging an expert will ensure accuracy and remove assumptions often used in market appraisals that could leave you underinsured.

- To ensure adequate coverage so in the event of a claim, owners are not left with substantial out-of-pocket expenses.

- Appropriate coverage will reduce the likelihood of paying unnecessarily high insurance premiums.

- Appropriate coverage is required to comply with regulatory requirements.

Your team of
property valuation experts

To discuss how we can assist with your insurance property valuation, contact your local Acumentis office.

State contacts
Renee Pollak
Director
Canberra
Matthew Shadbolt
Valuer
Canberra
Geoff Land
Regional Director
Coffs Harbour
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial - Sydney
Sydney
Natasha Khoudair
Valuer
Sydney
Merv Hooper
Senior Valuer
Albury
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Christine DiMeglio
Valuer
Sydney
Andrew McDonnell
Associate Director
Sydney
Steve Hagivassilis
Valuer
Sydney
Stefan Kalajdzic
Associate Director
Sydney
Simon Mandile
Senior Valuer
Sydney
Kevin Sze Tho
Valuer
Sydney
Nick Power
Senior Valuer
Norther Rivers (Lismore, Ballina, Byron Bay)
James Simpson
Regional Director
Orange
Tony Gorman
Director Valuations
Darwin / Perth
Matthew Ward
Director Valuations
Brisbane
June Button
Valuer
Gladstone
Rachel Schloman
Valuer
Brisbane
Adrian Marks
Valuer
Brisbane
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Sarah Banner
State Director - Residential Operations, QLD
Brisbane
Cameron Norris
Valuer
Emerald
Jack Prosser
Senior Valuer
Toowoomba
Joshua Franklin
Senior Valuer
Brisbane
David Hosking
Regional Director
Cairns
Sarah Godfrey
Senior Valuer
Brisbane
Rebecca Stephens
Senior Valuer
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Jany Pezard
Director - Valuations
Sunshine Coast
Gareth Turner
Director
Brisbane
Michael Everingham
Valuer
Gold Coast
Annette Smith
State Director Regional Operations (North)
Emerald
Lachlan Dunsdon
National Director Rural & Agribusiness
Brisbane
Paul Robbins
State Director Commercial QLD
Brisbane
Mike Henderson
Group Executive Director – Residential Operations
Brisbane
Timothy Rabbitt
Managing Director & Chief Executive Officer
Brisbane
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Emily Kitto
Director
Adelaide
Andrew Skilbeck
Valuer
Adelaide
Brett Kearns
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
Peter Walker
Valuer
Launceston
Leon Sleiters
Valuer
Hobart
Nick Funnell
National Director - Asset Advisory
Melbourne
Curtis Borszeky
Senior Valuer
Perth
Mitchell Fraser
Senior Valuer
Busselton
Daniel Horan
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
Jessica Ayerst
Associate Director
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton
Brad Mazza
State Director - Residential WA
Perth
Nathan King
National Director – Advisory, State Director – WA Operations
Perth
Renee Pollak
Director
Canberra
Matthew Shadbolt
Valuer
Canberra
Geoff Land
Regional Director
Coffs Harbour
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial - Sydney
Sydney
Natasha Khoudair
Valuer
Sydney
Merv Hooper
Senior Valuer
Albury
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Christine DiMeglio
Valuer
Sydney
Andrew McDonnell
Associate Director
Sydney
Steve Hagivassilis
Valuer
Sydney
Stefan Kalajdzic
Associate Director
Sydney
Simon Mandile
Senior Valuer
Sydney
Kevin Sze Tho
Valuer
Sydney
Nick Power
Senior Valuer
Norther Rivers (Lismore, Ballina, Byron Bay)
James Simpson
Regional Director
Orange
Tony Gorman
Director Valuations
Darwin / Perth
Matthew Ward
Director Valuations
Brisbane
June Button
Valuer
Gladstone
Rachel Schloman
Valuer
Brisbane
Adrian Marks
Valuer
Brisbane
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Sarah Banner
State Director - Residential Operations, QLD
Brisbane
Cameron Norris
Valuer
Emerald
Jack Prosser
Senior Valuer
Toowoomba
Joshua Franklin
Senior Valuer
Brisbane
David Hosking
Regional Director
Cairns
Sarah Godfrey
Senior Valuer
Brisbane
Rebecca Stephens
Senior Valuer
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Jany Pezard
Director - Valuations
Sunshine Coast
Gareth Turner
Director
Brisbane
Michael Everingham
Valuer
Gold Coast
Annette Smith
State Director Regional Operations (North)
Emerald
Lachlan Dunsdon
National Director Rural & Agribusiness
Brisbane
Paul Robbins
State Director Commercial QLD
Brisbane
Mike Henderson
Group Executive Director – Residential Operations
Brisbane
Timothy Rabbitt
Managing Director & Chief Executive Officer
Brisbane
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Emily Kitto
Director
Adelaide
Andrew Skilbeck
Valuer
Adelaide
Brett Kearns
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
Peter Walker
Valuer
Launceston
Leon Sleiters
Valuer
Hobart
Nick Funnell
National Director - Asset Advisory
Melbourne
Curtis Borszeky
Senior Valuer
Perth
Mitchell Fraser
Senior Valuer
Busselton
Daniel Horan
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
Jessica Ayerst
Associate Director
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton
Brad Mazza
State Director - Residential WA
Perth
Nathan King
National Director – Advisory, State Director – WA Operations
Perth

How can we help you with your property needs?

Get in touch