Determining and optimising the sum insured for your machinery and equipment with our insurance value appraisals
In order to determine the correct sum insured for your property insurance for your machinery and operating equipment, you usually need the new values – in individual cases the current values of your property assets.
On the basis of our business valuation, we calculate the sum insured for machinery, plant and all technical and commercial equipment precisely and to the point for you.
For our clients, we review the insured values annually and adjust the sum insured. To do this, we calculate the correct value adjustment for the individual insured values. Usually, these value adjustment clauses may be used to determine the sum insured if the value supplements are determined by a recognised expert.
Experience has shown that this considerably reduces the time and financial effort for you. And you always have the security of being adequately insured.
Depending on the operational circumstances, our clients receive an individual recommendation regarding a reassessment of the sum insured. As a rule of thumb, we recommend a review approximately every 5 years in view of continuously changing conditions (purchases and sales of machinery, wear and tear, inflation trends, etc.).
By the way: If we draw up an insurance value appraisal for you on your insured values, we assume responsibility – naturally also towards third parties – that the sum insured for your machinery and material assets is correct!
At a glance – sum insured for machinery and equipment
- Determination of the new values and, if applicable, the current values
- Derivation of the correct sum insured
- Annual review and adjustment
- Determination and application of the correct valuation adjustments
- Assumption of responsibility for the correctness of the insured values