REINSTATEMENT COST ASSESSMENTS
At Survo, we provide accurate and reliable Insurance Reinstatement Cost Assessments (RCAs) to ensure your property is correctly insured.
With 9 out of 10 UK properties estimated to be insured for the wrong amount, regular assessments are essential to safeguard your investment and avoid costly shortfalls in the event of a claim.
WHY RCAs ARE CRUCIAL
Incorrect insurance cover can leave you exposed.
If a property is underinsured, insurers may apply the ‘Condition of Average Clause’, which reduces the claim amount in proportion to the level of under-insurance. This can result in significant financial loss at the point of claim – just when you need the protection most.
Our RCAs help mitigate this risk by providing a professional assessment of the full cost to reinstate your property following total loss, including:
- Demolition and debris removal
- Professional fees (architects, engineers, surveyors, etc.)
- Compliance with current building regulations
- Inflationary and regional cost variations
Who Needs an RCA?
- Property Owners – Ensure your insurance cover reflects the true cost of reinstatement.
- Landlords – Protect your portfolio and demonstrate compliance to lenders and insurers.
- Managing Agents – Accurately insure blocks under management and avoid disputes with leaseholders.
- Commercial Tenants – Understand your liability under lease agreements.
WHY CHOOSE SURVO?
- RICS-Accredited Professionals – Our Chartered Surveyors bring the highest standards of expertise and accuracy.
- Nationwide Coverage – We deliver reinstatement assessments across the UK.
- Tailored Reporting – Clear, detailed reports customised to your building type and insurance requirements.
- Regular Review Guidance – We recommend assessment intervals based on property type, use, and market conditions.
Don’t leave your insurance cover to chance. With Survo’s RCA service, you can be confident that your properties are adequately insured and that you’re protected from the financial pitfalls of under-insurance. Contact us today to arrange an assessment.
0161 792 5050
mail@survo.co.uk
195 Bury Old Road, Prestwich, Manchester M25 1JF
