Property Insurance Appraisal Updating Services

You'll receive a comprehensive digital report including detailed property analysis, market comparisons, high-resolution photos, and value recommendations. Additional custom reports available upon request.

When an organization implements a structured property insurance appraisal program, performing annual updates becomes a cost-efficient strategy to ensure the accuracy of insurable value data. Each year, our team applies standardized construction cost trend factors to building valuations, which:

• Presume consistent construction methods over time
• Do not reflect changes made to the original structure
• These valuations typically remain reliable for five to seven years

To update personal property values, we rely on widely recognized industry cost trend data sources, such as:

• Marshall Valuation Service
• FM Global's Industrial Cost Trends
• The U.S. Department of Labor's Producer Price Index (via the Bureau of Labor Statistics)
• Handy-Whitman Index for Public Utility Construction Costs

Additionally, we reflect capital acquisitions and disposals by:

• Conducting on-site evaluations by our experienced professionals
• Integrating client-provided data on capital asset activities, including additions, disposals and retirements