Reinstatement Cost Assessments
Reinstatement Cost Assessments (RCA’s), sometimes referred to as Fire Insurance Valuations, are usually produced for insurance purposes and are estimations of the cost of rebuilding property following total destruction.
Valuations are arrived by undertaking a detailed measured survey in accordance with RICS requirements and applying published rebuild cost information.
An accurate RCA will eliminate the risks associated with under insurance and will avoid payment of excessive premiums for over insurance.