An estimate of assets to be insured with a policy consists in a prior and complete evaluation of the company assets value (land and buildings, plants and machinery, goods). This implies an accurate estimate of the correct value of buildings, machineries and goods in order to insure the company assets for their real economic value.
If a company is insured for a maximum coverage equal to half of its value, in the event of total damage it would receive as loss adjustment just half of the actual loss, while in the event of partial damage, claims settlement would be halved.
A proper assessment of the assets to be insured represents an additional guarantee for the insured and their business in the event of claims. Through a careful analysis of the company’s business plan, assets book, including all the machinery and installed systems, warehouse inventory with details on all goods in stock, and the company budget, GARAperizie is able to provide a correct assessment of the assets to be insured under a total coverage of the company assets.