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Current Replacement Cost Review
When you have a claim the insurance company will ask you to provide a list of the assets you want to replace.
Do you have a list?
Most businesses will refer to their asset register.
The problem with an asset register is that it only contains the items currently being depreciated or if you're lucky it contains assets being used but at $1.
Any list is unlikely to obtain all the necessary details required like make, model, specifications. serial numbers etc.
If you don't have a detailed list, how will you prove its existence in case of a total loss fire?
That is why you need to prepare a detailed list with all the information the insurance company will be seeking.
Our replacement Cost Review provides the detailed information you require to support your insurance claims and removes any uncertainty on the reinstatement value and provides the value at risk so you can arrange adequate coverage.
