Insurance Valuation

At British Arabian, we are able to provide Insurance Reinstatement Valuations for buildings and other assets, including loss of income. Our expert RICS-qualified valuers provide prompt and accurate valuations of property and business assets for insurance purposes, which includes loss of income.  

It is crucial for businesses to be mindful of the potentially damaging impact that out-of-date valuations or undervalued assets can have when facing an insurance claim. If the valuation of your property and assets is out-of-date, you could potentially face a huge financial loss should the worst happen, as your insurance will no longer be valid.  

The task of maintaining accurate valuations can feel daunting and often something that can be put off for ‘another day’, but too often, that day never comes. These businesses are hit with significant losses as claim pay-outs are vastly out of sync with true values, and this can all be avoided by simply keeping your insurance valuations up to date.  

This is something that we can assist with at British Arabian, as our RICS-qualified valuers can handle all insurance valuations across Dubai and the UAE. With our skills, knowledge, and experience, we can keep your insurance valuations up to date, ensuring you are always covered.   

Insurance Valuation for property

Do I need an insurance valuation? 

The simple answer is that yes, you need an insurance valuation, as this values the total cost of your property and any business assets and ensures your insurance policy covers this cost. Without an insurance valuation, your property and assets won’t be covered by your insurance and should the worst happen, you face a huge financial loss.   

All asset valuations are project managed by our expert insurance valuers from start to finish to give you the peace of mind that all aspects are taken care of. Your insurer will be in possession of up-to-date, robust, and accurate valuation reports that will stand up to scrutiny in the event of a claim.  

Why You Need Insurance Valuation for Properties

When it comes to managing your property investments, obtaining an accurate property insurance valuation is crucial. Property valuation is a process that helps determine the market value of a property, whereas insurance valuation is the process of determining the estimated cost of rebuilding or replacing the property in the event of a disaster. 

Having up-to-date property insurance valuations will not only help homeowners avoid underinsurance, but it can also help them negotiate better insurance premiums with their providers. In the event of a loss, having an accurate insurance valuation report can speed up the claims process and ensure that you receive the appropriate compensation for your damages. 

Furthermore, insurance valuations can also provide critical insights into the state of your property. The process involves a comprehensive analysis of the property’s condition, including: 

  • Damages 
  • Defects
  • Potential Hazards 

This information can help you identify areas that require maintenance or repair, which can ultimately help you save money in the long run by addressing problems early on. 

Another reason why you need insurance valuation for properties is that it is often a requirement by mortgage lenders. If you are taking out a mortgage to purchase a property, your lender may require you to obtain an insurance valuation to ensure that the property is adequately protected. 

At British Arabian, our RICS-qualified insurance valuations property professionals are committed to providing accurate and reliable insurance valuation reports for all types of properties. Our reports are tailored to meet the specific needs of our clients, and we use the latest technology and industry standards to ensure the highest level of accuracy. 

Our team will work closely with you from the outset, ensuring that you receive all the necessary information upfront and helping you to make an informed decision.  

Insurance Valuation services

THE IMPORTANCE OF INSURANCE VALUATIONS:

Insurance valuations of buildings and the many types of machinery and other business assets that your business owns are highly recommended by insurers, particularly in the following circumstances:  

  • Where current valuations are several years out of date  
  • Where there is a significant reliance on foreign machinery  
  • Where assets and machinery are old  
  • Where a business has undertaken significant restructuring, investment, or downsizing  

An up-to-date valuation will ensure that the level of insurance coverage provided is appropriate, and they are often required as part of the due diligence process when renewing a policy.   

Expert valuations from our insurance valuers can also avoid the application of valuation averages being applied to assets in the event of a claim which can result in underpayment of claims. Accurate valuations often enable a simple and quick negotiation process with loss adjusters, therefore speeding up the settlement of a claim.  

With a team of both property and plant and machinery valuers, we can meet all of your insurance valuation needs in an efficient and cost-effective manner.  

OUR EXPERT TEAM OF INSURANCE VALUERS

British Arabian was first founded in 2009, and we have gone from strength to strength as a company since our establishment. Our team are all highly accredited and qualified members of the Royal Institution of Chartered Surveyors (RICS), and every member boasts experience in the property markets across GCC, North and East Africa, and the Levant regions.   

WHY CHOOSE OUR INSURANCE VALUERS?

Here at British Arabian, we were one of the first valuation firms in the region to be Regulated by RICS and the first GCC firm to fully commit to RICS Valuer Registration in 2010. We pride ourselves on leading our competitors in demonstrating our commitment to professional regulation, and we always aim to provide the highest standard of work possible on all insurance valuations in Dubai and the UAE 

We promise to serve our clients with qualified professionals on every insurance valuation, as every member of our team has the knowledge, skill, and expertise to provide a first-class service. Our team of RICS-qualified insurance valuers will handle every aspect of your insurance valuation, ensuring it is accurate and up-to-date and that you are fully covered.  

Our expert team has the skill and experience to undertake any insurance valuation required for a range of businesses, and we always tailor our valuations to you individually. We will produce high-quality, accurate, and professional insurance valuations, all for a competitive price.  

Contact Us for Professional Insurance Valuations in Dubai

At British Arabian, we take pride in being one of the best companies for property insurance valuation reports. Our team of talented insurance valuations property professionals, who are members of the Royal Institution of Chartered Surveyors, have extensive knowledge of property markets across North and East Africa, the Gulf, and the Levant regions. 

Along with our expertise in insurance valuations, we also provide a wide range of services, such as plant and machinery valuations, residential mortgage valuations, homebuyer’s reports, and property valuations. We are committed to offering our clients competitive prices and exceptional service. Contact us today at +971 4 420 5316 or info@britisharabian.com, or fill out our contact form on our website for any inquiries. 

FACTS &
FIGURES

Delivered Valuations in 2021

584+

Happy Clients Since 2010

480+