Property Insurance Appraisal & Valuation
American Appraisal’s first engagement in 1896 was a property insurance appraisal of the Joseph Schlitz Brewing Company. Since then, we have been the leading provider of valuation services for property insurance purposes. We have served clients in virtually all private and public sectors.
We provide expertise in all classifications of real and personal property insurance appraisal. Each year, we inspect and appraise more than 20,000 buildings.
Construction costs show dramatic changes, both positive and negative, during the past few years, making it increasingly difficult to determine accurate property insurance values.
American Appraisal provides full-scope building insurance valuations, which include an inspection, capture of underwriting COPE data and estimation of insurable value by major construction components.
Once an initial investment has been made in a property insurance appraisal, it can be cost effective to maintain the integrity of the valuation via an annual updating service.
Building and personal property appraised insurable values are updated with respect to inflationary trends, as well as accounting for capital acquisitions and retirements.
American Appraisal’s valuation consultants have provided personal property insurance appraisals for everything from steel mills and semiconductor fabrication plants to state capitol buildings and school districts. The level of detail will vary depending on the insured’s and underwriting requirements.
eRISK, American Appraisal’s secure Web-based reporting system, allows detailed viewing, sorting and filtering of property insurance appraisal data.