Accurate asset valuation is necessary to establish correct values for insurance purposes whether the purpose is to determine replacement costs in response to a weather-related incident or to determine the insurance costs. Owners want to pay proper insurance rates based upon their assets of worth. Insurance companies want accurate values for all assets.
CCA recently performed a valuation of over 2 billion dollars worth of assets at a facility in New Jersey at the request of the owner and insurance company. CCA provided accurate asset values for above ground and below ground assets so that the insurance market could model earthquake and hurricane impact scenarios providing the owner and broker the information needed to establish appropriate insurance premiums.
The materials and information contained on this website have been prepared by CCA, LLC solely for general informational purposes and do not constitute advice. You should not act, or refrain from acting, based upon any information on this website.
The description anywhere on this website of the results of any specific case or transaction does not mean or suggest that similar results can or could be obtained in any other matter. Each matter must be considered to be unique and subject to varying results. Results may vary depending on your particular facts and circumstances and the law applicable to your situation. You should consult an attorney for advice concerning your specific situation.