Fishing Hunting Lodge and Resort Insurance Appraisals
Protect your assets with a reliable insurance replacement cost appraisal from Frontier Hospitality Advisor. Serving: British Columbia, Saskatchewan, Manitoba and Ontario.
We Consider All Factors When Determining Your Replacement Cost Value
Direct & Indirect Costs
Direct costs are the materials and labor needed to reconstruct the building in a like manner with similar quality materials. Indirect costs include permits, architectural costs, consulting fees, engineering input and other costs not directly related to the structure’s site development and rebuilding.
The Facilities Age
The older the building, the more likely it is that you will need upgrades for outdated building materials and equipment. These two issues alone can greatly increase costs.
Building Code Upgrades
Older buildings often need many code upgrades that can increase rebuilding costs. These include plumbing upgrades, energy efficiency, sprinkler system requirements and other improvements to comply with building and safety codes.
Site Accessibility
Remote locations mean that the replacement cost will be on the higher end due to the distance from suppliers of building materials and other goods required in reconstructing a building, increasing the overall replacement cost.
Why Are Insurance Appraisals Needed?
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 to current building codes and standards. These values are provided to assist you in determining the amount of insurance needed for each structure and/or amenity on the property.
Construction costs have increased in recent years, especially in remote areas where fishing hunting lodges and resorts are typically located. Rising costs can result in your property being underinsured. Ensure your property is properly insured and give us a call to order your insurance appraisal today.
We Specialize in Your Industry.
How is a Replacement Cost Appraisal Done?
- The Certified Appraiser will complete an inspection of the property taking measurements, photos and notes on the major components such as frame type, floor and roof structure materials, all heating, plumbing and electrical systems, fire protection details, and more for all buildings on your property.
- The Real Estate Appraiser will enter this information into our proprietary software which is based on actual costing information from architects, developers, and construction associations. Updates are made routinely according to regional published valuation services that consider local nuances.
- Once the calculations have been made, the appraiser compiles all the information into a professional Replacement Cost Appraisal Report which can be presented to your insurance company. Reports are prepared in conformity with the Canadian Uniform Standards of Professional Appraisal Practice.
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- Specialized Knowledge
- Unrivaled Lodge and Resort Construction Cost Data
- Fast Report Delivery Times
- Best Service in the Industry