Tag Archive for: Building insurance valuation methodology

Plant and Machinery Valuations

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More notes on Plant and Machinery Valuations;

Machinery are often leased for the following reasons:

A lease is “the right to use” an asset rented for a period for predetermined production etc.

Specialised maintenance is more economical as per lease contract!

A lease offers a more predictable lifespan of a machine and further the renewal options and at the end of lease the options are to a greater extent.  Read more

Building Insurance Valuation Methodology

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The aim of this article is to highlight the difference between two major approaches to determining the insurance value for buildings. The reason why it is important to understand the difference is due to the direct consequences it has on the accuracy of the final insurance value that in turn affects and determines the monthly insurance premium you will be paying and the possibility of exposure to average, as applied by insurers in the case of a claim.

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