Building Insurance Appraisal Services
Expert property valuation services ensuring accurate insurance coverage through detailed assessments and comprehensive analysis.
Real Property Asset Market Insights
Accurate property valuation is critical for your business insurance needs.
Overstated insurable property values can lead to excessive insurance premiums, while undervaluation may result in insufficient coverage when a loss occurs. Accurate valuations not only support appropriate premium allocation but also serve as critical documentation in the event of a claim.
CPCON delivers insurance valuation services to clients across both private and public sectors worldwide. Each year, we inspect and appraise hundreds of buildings through our full-scope property insurance appraisal process. This includes comprehensive on-site inspections, detailed data capture, and in-depth analysis—ensuring precise and reliable valuations.
Our Appraisal Process
We follow a systematic approach to ensure accurate and comprehensive building insurance valuations.
On-Site Building Inspection
Our experts conduct thorough on-site inspections of each building, examining structural elements, building systems, and unique architectural features to ensure accurate valuation.
Building Measurements
We capture precise building measurements including gross floor area, net leasable space, and other dimensional data critical for accurate replacement cost calculations.
COPE Data Collection
We collect comprehensive primary and secondary COPE data (Construction, Occupancy, Protection, and Exposure) to provide insurers with detailed risk information for accurate premium calculations.
Detailed Documentation
We prepare detailed statements of insurable values and comprehensive building inspection and appraisal reports that serve as critical documentation for insurance purposes.
Key Benefits
Our comprehensive insurance appraisal services provide numerous advantages for your business.
Adequate Coverage
Ensure your property has the right level of insurance coverage based on accurate valuations, protecting your assets from potential underinsurance risks.
Risk Management
Identify potential vulnerabilities and implement strategies to mitigate risks, leading to improved overall risk management practices for your property portfolio.
Underwriter Appeal
Enhance your property's marketability to insurance underwriters with detailed, professional appraisals that demonstrate thorough risk assessment.
Premium Allocation
Develop a fair and equitable basis for allocating insurance premiums across multiple properties or business units based on accurate valuations.
Loss Preparation
Avoid surprises during claims by having comprehensive documentation ready before a loss occurs, streamlining the claims process and ensuring fair settlements.
Cost Optimization
Identify opportunities to optimize insurance costs while maintaining appropriate coverage levels, potentially reducing unnecessary premium expenses.
Case Study
See how our building insurance appraisal services helped a major commercial property owner optimize their coverage.
RV Commercial Center
Challenge
A 250,000 sq ft commercial complex needed updated insurance valuations after significant renovations and market changes.
Solution
Comprehensive property assessment including detailed analysis of new installations and market conditions.
Results
- 20% more accurate insurance coverage
- Identified $5M in previously uncovered assets
- 15% reduction in premium costs
Related Services
Comprehensive valuation solutions to meet all your business needs.
Fixed Asset Management
Comprehensive tracking and management of your fixed assets throughout their lifecycle, ensuring accurate financial reporting and regulatory compliance.
- Asset tracking and reconciliation
- Depreciation analysis
- Regulatory compliance support
Machinery and Equipment Valuation
Expert valuation of machinery and equipment assets for insurance, financial reporting, and transaction purposes.
- Fair market value assessments
- Replacement cost analysis
- Liquidation value determination
Cost Segregation
Strategic tax planning service that identifies and reclassifies property components to optimize depreciation deductions and improve cash flow.
- Accelerated depreciation strategies
- Tax savings identification
- IRS-compliant documentation
Get in Touch
Ready to ensure your building has the right insurance coverage? Fill out the form and we'll get back to you within 24 hours.
New York, NY 10001
