What is building reinstatement cost assessment?

Provides an overview of the anticipated cost of reconstructing a building in the event of damage or total loss due to an insured risk, for insurance purposes. Buildings must be insured to cover the full cost of demolition and rebuilding, together with any other allowances for professional fees.
An accurate Reinstatement Cost could save you money on your insurance premiums by accurately determining the value of your property before you obtain a quotation.

How we can help

We have a sound understanding of construction and the development process that enables us to accurately assess the likely costs and associated considerations for re-constructing a London located building.

Our services include:

– Undertake a site inspection
– Review existing drawings
– Undertake a measured survey to ascertain the gross internal floor areas
– Calculating the day one building reinstatement cost using current cost information and documenting
– Prepare a clear report

If you would like to discuss further, please call our office on 020 7391 7100 or email us at surveyor@fandt.com

Case studies