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  • Nottingham: 0115 947 0032
  • Leicester: 0845 873 1323
Machinery 2

Machinery Valuation Service

Why Take The Risk of Under-Insurance?

No business wants the burden of paying an inflated premium for a sum insured which may be too high. The converse is that in the event of under-insurance, insurers will proportionally reduce a claim by the amount of under-insurance.

"Should we insure on a replacement value or second hand value" is a question we are often asked. There is no simple answer other than ensuring that the sum insured is adequate to reflect the basis of settlement requested.

Accurately assesing the correct insurance valuation for your machinery and plant can be a daunting task. 

How Can We Help?

Russell Scanlan have partnered with Charterfields, one of the UK's leading privately owned chartered surveying practices. We are able to offer a FREE valuation health check of your production and manufacturing machinery and equipment sum insured. The report will provide you with initial indicators of under or over insurance together with recommendations.

Charterfields can provide a formal valuation report at a preferential rate to clients of Russell Scanlan which will give you an accurate valuation of  your manufacturing machinery and  equipment on whatever basis of settlement you require.

If you would like to discuss arranging your FREE valuation health check service.

Get in touch with us today.