GAB Robins is pleased to offer our clients
a program to provide annual updates on their Insurance Appraisal
or Reserve Study for the next three years at a guaranteed fee. We
designed the program in response to requests from our clients who
want to know the current estimated reproduction cost of their property
each year and want to plan in advance for the cost of the report.
Since the inception of the program 10 years ago, we have had more
than 80% of our clients take advantage of the Annual Update Program.
Benefits to the Property
- The cost of your new Appraisal is reduced when you enroll
in the update program.
- The fee for each annual update report is fixed for three
years.
- We automatically send the report to you each year (most clients
ask to receive the update 60 days prior to their insurance renewal
date).
- Obtaining an annual update demonstrates due diligence on the
part of Condo Boards and Property Managers.
Here’s How the Program Works
- Upon your request, GAB will provide a written proposal for
an insurance appraisal and/or reserve study. Two fee options
will be provided. Select the annual program option (second option)
and the property will be placed in the annual update program.
- Upon receipt of your signed bid, your initial report will
be prepared and sent to you, along with an invoice for the first
year’s report.
- Each year thereafter, we will automatically update your insurance
appraisal and/or reserve study and send it to you with an invoice
for that report only. (If you wish your updated report to be
sent on a different date, just let us know)
- We will continue to send annual updates and invoices each
year for a total of three years. (It is your responsibility
to advise us if changes are made to the property during this
period.)
- At the time of the third update, we will contact you to discuss
renewing the program and/or re-inspecting your property.
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