We specialise in Body Corporate Insurance Valuations for the following types of property:
- Residential
- Commercial/Industrial
Why do you need to use us?
Under the appropriate legislation in every state, a body corporate must be adequately insured to cover all buildings and building improvements to their replacement value. The sum insured should also include an allowance for the following items:
- Cost of demolition and removal of debris (ROD)
- Professional fees such as architectural/engineering/surveying fees
- Common property building and site improvements
- Provision of services such as power/water/sewerage/fire
- Any other incidental costs in the reinstatement and replacement of all buildings and site improvements
