Valuations for Buildings and Inventory
Did you know that buildings and inventory/machinery without valuation are on average 30% underinsured? This is due to a sharp increase in the cost of materials and labor in recent years and stricter government requirements that must be taken into account in the event of total or partial reconstruction after damage.
Insurance compensation is adjusted in proportion to this underinsurance, which has major consequences in the event of damage to your buildings and inventory/machinery.
Appraisals pursuant to Article 7:960 of the Dutch Civil Code ensure the correct valuation of your property before an unexpected disaster occurs. These appraisals form the basis of the insured amounts in the insurance contract. In the event of damage, there is no discussion about the (appraised) values and you can focus on the continuity of your business operations.
Appraisals of buildings, inventory, machinery, and valuables pursuant to Article 7:960 of the Dutch Civil Code are carried out for fire insurance purposes.
In practice, we see that insured amounts are (much) too low. This inevitably leads to a lower payout in the event of total or partial damage, with all the consequences that entails. With a thorough expert appraisal, you can avoid this risk!
Appraisals for the purposes of fire insurance for buildings, inventory, machinery, and work equipment, as well as business economic appraisals.
In practice we see that insured amounts are (much) too low. This leads irrevocably to a lower payment in case of full or partial damage with all its consequences for you. A thorough expert valuation prevents this risk!
Business appraisals are performed for the takeover of a company, partial purchase or sale of buildings and/or contents, balance sheet valuation, amicable settlement with the tax authorities, conversion of legal form and bankruptcy.
In any case, a thorough valuation by our experienced appraisers is indispensable and gives you peace of mind that these matters have been properly taken care of.
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“An accurate appraisal ensures that you are not under- or over-insured, which is crucial for a smooth and quick claim settlement and prevents unpleasant situations”
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