Whether you are an owner, investor or occupier, a reinstatement cost assessment (RCA) will calculate the total rebuild cost of your property for insurance purposes. We typically recalculate these every three years, or after significant building alterations. This helps ensure your investment remains insured at the correct level.
Innes England’s team of highly experienced chartered surveyors regularly undertakes RCAs, often as part of annual renewals. We work closely with colleagues in our Property Asset Management and Professional Services departments. Where required, we also work with third-party providers to give you a detailed appraisal of the insurance assessment.
We have successfully delivered reinstatement cost assessments for individual properties and large property portfolios.
We aim to prevent potential losses caused by underinsurance by ensuring you have the correct level of cover for your property. We can also help you save money if you have previously over-insured a property and paid unnecessarily high premiums.
Discover the emerging industry trends for the year ahead.
pdf file: 2 MB
DownloadThe Cost Assessments team at Innes England comprises highly skilled professionals, each bringing a wealth of experience and expertise in commercial property. Renowned for their market insights and extensive network, which they leverage to provide the best outcomes for our clients. Please get in touch with them to discuss your needs:
BUILDING SURVEYOR | BUILDING CONSULTANCY
Explore our case studies to see how Innes England’s expertise has successfully guided clients across various sectors in the property market.
The Challenge: A leading Midlands university required detailed Depreciated Reinstatement Cost Assessments across six key buildings within its estate, including a Grade I-listed heritage building featuring original courtrooms and historic prison cells.
The Challenge: Innes England’s existing client occupied the wider property, including the Morrisons Daily store on Narborough Road, but identified that part of the accommodation was no longer required and was effectively being used as surplus storage space. The opportunity was to separate and repurpose the space as a self-contained commercial unit and secure a suitable tenant that would provide the client with an additional income stream while making more effective use of the property.