An insurance appraisal is a replacement cost analysis which provides an accurate estimate of the amount of insurance required to replace each structure and/or amenity exactly as it stands on the day the report was prepared. These values are provided to assist the client in determining the amount of insurance needed for each structure and/or amenity for which the property insures. GAB Robins’ appraisers calculate each building’s reproduction cost on a component-by-component basis from the ground up. Our software processes the complex calculations needed to correctly estimate the labor and material costs for each building component. Our software also calculates the taxes, fees, overhead and profit to provide an accurate estimate of what it would cost to reproduce the structure as it stands on the day the report was issued.

Most property owners, managers, boards and/or insurance agents believe that obtaining an insurance appraisal for their property is one of the best decisions they have ever made. The reasons for this are simple:

• Obtaining an insurance appraisal demonstrates due diligence on the part of the board members, property manager and/or insurance agent.
• The owners, board members, manager and/or agent have the peace of mind knowing that the property is correctly insured.
• An insurance appraisal assists your agent in placing the property coverage with a carrier by providing documentation that underwriters need to write coverage.
• Obtaining an insurance appraisal prevents under-insuring, which puts the property at risk for not having adequate funds to rebuild in the event of a catastrophic loss, or over-insuring, which results in paying extra insurance premiums.
• An insurance appraisal provides a third party, unbiased valuation of the property’s replacement cost.
• If a loss occurs, a GAB appraisal, along with all data acquired in performing the appraisal, will be available to the client to help expedite the settlement of the claim.
• All digital photographs taken at the time of the physical inspection are electronically achieved for the clients use in the event of a loss.
• Having an up-to-date insurance appraisal provides accurate values for coverage, eliminating the possibility of a coinsurance penalty in the event of a loss.

For more information on Insurance Appraisals, click here.

A content appraisal is a valuation of personal property as well as machinery and equipment. Contents, personal property and machinery and equipment values can be affected by both external and internal conditions. Certain assets may increase in value at the same time others decrease. Also various assets depreciate at different rates and can affect values quicker than other assets. Without an accurate up-todate appraisal it is impossible for the business owner to be aware of the current value of the content, personal property and/or equipment. The experience of our staff spans the full range of valuation services: commercial, industrial, municipal and residential. These qualifications position GAB Robins to be capable of accepting all assignments from the very basic to the very complex.

Most property owners, managers, boards and/or insurance agents do not have the time nor the expertise to accurately keep up with the changes in value of the contents, property, machinery or equipment located at the property. They recognize that the most accurate method of obtaining these values in an upto- date manner is by obtaining a GAB Robins Content and Personal Property Appraisal. Their reasons for choosing GAB Robins for their appraisal are simple:

For more information on Content and Personal Property Appraisals, click here.