Information & Client Feedback:

Recently we did an Insurance Valuation for a client and received the following feedback which is a timely reminder the need for Insurance Valuations to have the correct amount:

I built a building in the early 80's and insurance values have increased yearly (as insurance companies generally do ... )

This year a large Insurance Company sacked all its business consultants  and allocated their jobs to a call Center In the Philippines. BUT I eventually tracked my old rep. down - I found out he was Working for a broker - I told him I would rather deal locally .... This is when he dropped the BOMB... "You are so under insured - you would never consider our quote, he said"

"Please Explain" I said ..... Well you are insured for $400k - if you ever have a total loss -they say your cover should have been $800k so they give you $200k - goodby!

I thought I could rebuild myself for 4-500k - but he explained I would only get a portion of my insured value - depending on REAL REPLACEMENT value....

So I decided since the "point of insurance is so you can sleep nights", I better get a proper valuation on file...

It came in at $1.25m

So the broker was REALY a FRIEND - because he alerted me to the fact I was Under Insured- and that isn't smart.

The small cost of the valuation has given me peace of mind that I have the correct insurance cover!

 

JAN 2019

Thanks Belinda and Ross, your service was amazing and so fast. Thanks for understanding our situation. We will not hesitate to recommend you.

 

AUG 2020

Belinda !!

Received the hard copy of the valuation of my home at Lemon Tree Passage.

Please inform Ross of his  valuation, presentation and professionalism .

Regards

Alexander