A replacement valuation (a.k.a. insurance valuation) guides trustees in obtaining adequate cover for the body corporate's common property assets, including all buildings.

​

The trustees have a legally mandated duty to ensure that the body corporate is at all times insured to its full replacement value against risks such as fire, storm, hail, flood, earthquake, vandalism etc.

 

Failure to comply puts the trustees in a position of personal and lifelong liability for any loss or damage incurred to the body corporate or its members.

​

Unlimited free updated valuations available on request.