Don’t Gamble With Your Facility’s Future: Count The Cost Before It’s Lost.
Our analysis of your building’s insurance value will optimize your settlement and lead to a reliable reconstruction budget in the event of a catastrophe.
We document your facility’s value for insurers so you stand on solid ground.
In order to receive an appropriate settlement from your insurer, building and property data need to be:
Current
Accurate
Comprehensive
We provide the bridge between houses of worship, nonprofits and insurance companies, connecting the dots that lead to accurate payouts in the event of a catastrophic loss.
Do you know the cost to rebuild after a loss?
AccuValuations helps you ensure your insurance payout matches your reconstruction budget. Don’t wait for a crisis to find out if they’re aligned.
If your facility is destroyed, the cost to reconstruct your building should equal the amount of your insurance settlement.
Yet often this is not the case. Why? Approximately 70% of commercial buildings are undervalued for insurance purposes. That means the payout is less – sometimes far less – than the cost of reconstruction. This is because the facility data clients have provided to the insurer is often inaccurate, incomplete or outdated.
Our mission is to pre-empt and prevent this problem by providing precision, current property information for your insurer.
An unexpected loss is challenging enough. With detailed documentation from AccuValuations, an accurate payout is one less challenge to face.
What do I receive from a building valuation?
We verify, create and update the documentation your insurer needs to determine an accurate settlement in the event of a catastrophic loss.
What we do
We use the latest geospatial mapping technology to assess the value of each building on your property.
We review local government records to make sure they align with your own documentation.
We use a system developed by CoreLogic, a leading real estate information provider, to determine the replacement and reconstruction cost of your buildings.
Our model takes into account the cost of demolition and debris removal – a factor that is sometimes omitted but is a necessary expenditure when a building is destroyed.
It also differentiates costs based on a facility’s geographic location (lower costs in Mississippi vs. higher costs in California, etc.).
Building valuations are updated every 24 months to ensure your insurance contract accurately reflects factors including:
Depreciation
Building upgrades and expansions
Current occupancy data (which rooms are used, frequency and purpose of use)
Current data on building demolition and debris removal costs.
Our service also includes disaster monitoring and notifications, which is part of our mapping technology system. Clients can be notified of property threats including wildfires, flooding and severe weather.
