Knowledge, integrity, and trust are core values at Gerritsen Brooks. We have many years of experience completing insurance appraisals for strata properties. We also provide market value or insurance appraisals for individual strata owners, residential, and commercial properties.
An insurance appraisal for a strata corporation is an accurate estimate of a property’s replacement cost, for the purpose of determining its insurable value. Insurance appraisals are typically requested by the strata corporation’s insurance companies to establish the appropriate coverage amount for insurance policies. The primary goal of a real estate insurance appraisal is to determine the cost of rebuilding or replacing the property to current building codes and standards, in the event of a loss or damage covered by an insurance policy. An accurate replacement cost estimate will ensure the property is adequately covered and not over or under-insured.
Contact us now by phone or email, or complete our online form. We look forward to hearing from you.
Sheila Gerritsen, B.Mgt P.App AACI (Accredited Appraiser Canadian Institute) and Lee M. Brooks, B.Comm AIC Candidate.
