Insurance Appraisals: providing peace of mind with independent insurance advice

An insurance appraisal is an independent analysis which establishes a cost to reproduce or replace a community’s insurable buildings and structures. The insurance appraisal includes an on-site evaluation conducted by an ASA designated appraiser. Each construction component and building feature is identified and valued independently. The insurance appraisal report certifies the opinion of insurance to value.

A current insurance appraisal helps associations avoid paying too much in insurance premiums. It can also eliminate the mistake of inadvertently self-insuring by having too little insurance. When an association is underinsured, property owners run the risk of paying a portion of the rebuilding costs in the event of a loss. Learn more