Only a professional, experienced, and accredited insurance appraisal firm should be determining total insurable value. Our team specializes in replacement cost and has 25 years of experience appraising and producing insurance appraisal reports across North America. This should be the single most important thing when choosing an appraiser as it will ensure the most accurate and reliable valuation.
Additionally, fluctuating construction costs, changing building codes and municipal bylaws, and other challenges necessitate a professional and experienced insurance appraisal firm to determine the replacement cost value of the property. It is critical that the insurance appraisers consult appropriate local resources, including actual construction guides and local builders, when determining current reconstruction costs.