Replacement Cost or Probable Maximum Loss

If your insurance carrier requires you to provide an estimate of the cost to replace your building, we can provide that estimate to you. If you have plans for the structure, we will utilize those plans to determine the type of construction and the area of the building. If you do not have plans, we will physically review the structure to determine this information. Using our proprietary database of Florida construction costs, we will estimate the cost to replace the structure in kind.  This estimate will include only the cost of construction and has nothing to do with the Market Value, its Assessed Value, or any other Appraisal considerations.

We also offer an estimate of the Probable Maximum Loss, obtained from analyzing the structure and its vulnerable components and judging the damage to be anticipated from wind force.  In some cases, this estimate may be utilized to obtain lower insurance costs.