Byron Bay Insurance Replacement Cost Valuation

Insurance Replacement Cost Valuation Report on strata titled complexes in Byron Bay

In providing Insurance Replacement Cost Valuation reports, we are conscious of obtaining a balance of sufficient insurance to protect the owners, while ensuring the property is not over insured which results in excessive premium costs. Drawing on my 20 years of practical construction experience, we are confident that we can meet this balance. In addition to reflecting on past personal and published construction data, we also liaise with Matt’s construction contacts who are involved in similar construction projects to obtain the current costs.

Furthermore, a common area where the reinstatement costs “blow out” is during the application of building cost escalation percentages during the insurance period (12months) and the period between “the claimable incident”, approval of the claim and commencement of works. We keep in mind that as a result of the current soft economic conditions (low inflation) and the competitive construction conditions, this percentage is likely to be softer than what may have been applied at the time of your last assessment

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  • Property Details

Matt Benson
224 River St,
Ballina,
NSW - 2478
Australia.
0407 843 350
matt@eighty8valuers.com.au

Associate Australian Property Institute
Certified Practising Valuer

Queensland Registered Property Valuer No. 3721MR

Tax Agent Registration No. 26334004
Licensed Builder (NSW) No. 210939C
Qualified Carpenter & Joiner