Insurance Valuations
Independent plant & equipment insurance valuations across Australia — Replacement Cost New and Indemnity Values that satisfy insurer requirements. AVAA accredited.
What It Is
An insurance valuation establishes the value of your plant, machinery and equipment for the purpose of obtaining adequate insurance cover. We prepare independent reports assessing Replacement Cost New and Indemnity Value, giving you and your insurer confidence that critical assets are correctly insured.
Our reports are commonly relied upon across manufacturing, transport and construction, where the cost of replacing specialised plant can be substantial and difficult to estimate without expert knowledge of current market and supply conditions.
Under-insurance is one of the most common and costly mistakes a business can make. In the event of a loss, an inadequate sum insured can leave you significantly out of pocket and may trigger average (co-insurance) clauses that further reduce a claim payout. Conversely, over-insurance means paying premiums on values you can never recover.
- Satisfy your insurer's requirement for an independent valuation
- Avoid under-insurance and the impact of average clauses at claim time
- Eliminate wasted premium spend caused by over-insurance
- Maintain accurate values as equipment ages and replacement costs change
- Support smoother, faster claims with documented, defensible figures
Our Process
Consultation
We discuss your assets, locations and the cover required, and confirm the basis of valuation.
Site Inspection
We attend site to identify, photograph and assess each item of plant and equipment.
Report Preparation
We research current replacement costs and prepare a clear, itemised report.
Delivery & Support
You receive a compliant report, and we remain available to liaise with your insurer.
Let's Talk Valuations
Whether you need a single-asset appraisal or a full plant valuation report, get in touch directly and we'll respond fast.