Insurance Appraisals
Insurance Appraisal Services in Edmonton
Insurance Replacement Cost and Fire Loss Valuations
Our Insurance Replacement Cost (IRC) appraisers have extensive knowledge in replacement cost appraisal of residential, commercial, industrial, and agricultural properties throughout Edmonton and North-Central Alberta. Replacement cost differs from reproduction cost, which is the cost to reproduce a near-exact replica. Producing a replica of older developments may result in using obsolete materials, incorporating out-of-date building standards, or excluding features legally required by current building codes. Using replacement cost values provides a reasonable estimate of the insurance protection needed for a potential loss.
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While unfortunate, partial or full fire loss does occur. Our appraisers have extensive experience in providing current and retrospective valuations on behalf of insurers.
Knight & Company Appraisals provide IRC appraisals for new and existing buildings for insurance purposes in addition to replacement cost valuation and market valuation for partial or total fire loss.
