Is your home or business underinsured?
Decisions relating to Value at Risk are highly important and often an overlooked aspect of any insurance cover.
A "VAR" is a professional valuation of buildings for insurance purposes. In other words, we perform a calculation to determine the insurable value of your assets by measuring the area of the buildings and quantifying the contents i.e. machinery, stock and computer equipment etc.
Guessing at or overlooking your business' or home's Value at Risk will lead to underinsurance. As a result, in the event of unforeseen circumstances such as flooding, fire or burglary, an incorrect "VAR" will have a negative impact on any insurance settlement.
We regularly carry out VAR surveys on homes and commercial buildings. On completion, we will present you with a detailed report outlining the correct level of VAR and addressing any other relevant issues such as listed status, debris removal, presence of asbestos etc.
Contact us at OLA for further information on how you can get your VAR survey.