Building Reinstatement Cost Assessment

Building Reinstatement Cost Assessment (RCA) is the term used when undertaking a review of a property for insurance purposes. It can also include plant and machinery. It is vital that your property is appropriately insured, and it may be a specific requirement under the terms of a commercial lease.

If the assessment under values a property, then the policy holder could be left with a shortfall in funds to reinstate the property. An over valuation could result in paying of higher insurance premiums.