Property Valuation in Year of Inflation and Hard Markets

RISING INFLATION MEANS YOU MAY BE UNDERINSURED

Inflation is making every business reassess their insurance programs. In fact, 60% of buildings and 40% of equipment may now be undervalued. Meanwhile, non-residential construction costs rose 12% to 18% between 2021-2022. It all adds up to drastically reduced claims that won’t pay for replacement costs and rebuilding expenses.

To prevent being underinsured, watch our new webinar. Property Valuation Specialist Justin Chen explains how sky-rocketing inflation makes it critical to get accurate valuations of property and equipment. He also dissects the complexities of ascertaining property values in today’s unique market and present a case-study from a North American steel manufacturer.

Complete the form to view the on-demand webinar.

In this webinar, you will learn how to:

• Define valuation concepts that provide the foundation of a well-structured property program
• Establish credible insurable values through benchmarking and onsite appraisals   
• Avoid common, yet overlooked, mistakes
• Identify unplanned expenses resulting from inaccurate values
• Use accurate valuations to find proper insurance coverage