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Commercial Insurance Appraisals

Replacement Value + Risk Assessment

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InspekTech Consulting

Commercial

Insurance Replacement Value | Report

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Our Commercial Total Value Appraisal (TVA)™ is an Insurance Replacement Value Appraisal

 

The TVA™ is designed for insurance professionals & underwriters in the determination of claims sq. ft. for insurance to value. Every InspekTech® Total Value Appraisal (TVA)™ qualifies for 4 years of free ReCalc™ updates PLUS a free Status Check-up report at Year 4 in our 5-year insurance appraisal package. 

 

The InspekTech TVA™ includes easy ordering and simple report distribution company-wide. Our reports are easy to follow, precise and of high quality.  Reporting is developed in conformity with applicable Uniform Standards of Professional Appraisal Practice (USPAP) and the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and are Certified by InspekTech® designated Appraisers.  We also use industry renowned CoreLogic® Commercial Express™ as part of our reporting methodolgy.   

 

Please contact us for a sample and a no obligation quote.

InspekTech ReCalc™

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The InspekTech ReCalc™ report is purposed to determine the current replacement value of a Strata or Commercial building, based on existing information gathered during prior onsite work. 


Every prior InspekTech® Total Value Appraisal (TVA)™ qualifies for 4 years of free ReCalc™ updates plus a free Status Check-up at Year 4 in our 5-year insurance appraisal package cycle. 


InspekTech® partners with CoreLogic® melding component update costing variables into our proprietary reporting for ITV Re-calculation updates.  


InspekTech Re-Calc™ turn-around times are typically 5-7 business days.


Please contact us for a sample and a no obligation quote.

Insurance Risk Assessment   

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The Total Risk Control (TRC)™ is a commercial Business / Operational Risk Assessment Inspection tailored to the type of business or building under review for business analysis, for insurance companies and underwriters.

 

The InspekTech TRC™ includes easy ordering and simple report distribution company-wide.  The InspekTech Service Estimator™ provides our invoice total in advance so that insurance professionals can advise insured's accordingly when necessary.

 

Please contact us for a no obligation quote.

Inventory Assessment  

The Total Inventory Assessment (TIA)™ is a commercial inspection and report that includes an On-Site Full Inventory Count of a company's raw materials, work-in-progress, finished goods, and equipment (or any other business or commercial inventory).


Our inventory service can be conducted when:

(a) We're already on-site doing a Replacement Cost appraisal or an Insurance Risk Assessment upon which a rate reduction applies, or;

(b) As a stand-alone service.  


The InspekTech TIA™ includes easy ordering and simple report distribution company-wide.


Please contact us for a no obligation quote.

InspekTech® |  Appraisal Practice Standards

Analyses, opinions, and conclusions conducted by InspekTech® are developed, and our reports are prepared, in conformity with applicable Uniform Standards of Professional Appraisal Practice (USPAP) and Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). 


InspekTech® reporting relevancy is in line with organizations such as AIC (Appraisal institute of Canada), CPPAG (Canadian  Personal Property Appraisers Group, CPPA) and CNAREA (Canadian National Association of Real Estate Appraisers) which are all self-regulated and guided by a Uniform Standards Practice such as CUSPAP and/or USPAP. 


InspekTech® has extensive internal risk management / loss control, ITV appraisal, building component, and inspection resources we refer to in any given report as may be needed, and reports are Certified by one or more accredited CPPA's. InspekTech® personnel come from backgrounds that include: Insurance-related (Commercial and Residential), property management (Strata), construction project management, property maintenance, appraisal supervisory roles, survey & photogrammetry, and business ownership and/or management. We Partner with industry leader CoreLogic® making extensive use of CoreLogic’s Commercial Express™ for typical Strata assignments and RCT Express® for smaller Residential Strata replacement value calculation data.


Delivering quality, leading edge inspection services to the insurance & finance industry at competitive rates since 2002, InspekTech® has conducted Commercial and Strata Insurance Replacement Value appraisals since 2006 with zero Replacement Value claims error history to date (for additional information, please read our expanded Appraisal Practice Standards page). 


We hope the InspekTech® Team can serve you soon!   For more details over the phone or in person, please contact us.