VALUATIONS

A valuation for insurance purposes (Article 7:960 Civil Code) is a valuable extra to the fire insurance of your buildings, machinery, systems and equipment.

The insurer will conform in advance to these fixed values. The basis of valuation for buildings is the reinstatement value; for machinery, systems and equipment it is the replacement value. In the event of complete loss the values stated in the valuation report will be indemnified, without any discussion about depreciation.

In fact, a valid valuation report facilitates the loss settlement process and is therefore conducive to a quick continuation of your business activities.

We take care of valuations in all lines of business, including one of our specialties: the valuation of practically all of the grain mills in our country.

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