Federation House Insurance

  June 26, 2020            No comments

insurancevaluations
Federation House Insurance

Federation charms even the todays generation. Valuer need to take in to account the steep pitched terracotta roof, sash timber windows, turned veranda posts with fretwork and corner brackets, kiln dried hardwood door with lead light glazing, traditional solid blue and red bricks, conventionally styled, woodwork, ornate imperial lever door furniture, traditional claw foot bathtub, decorative ceiling roses, Victorian handmade feature cornice, handmade plaster arch designs and 9 foot ceilings.

For More  Information Visit: https://valuersoffice.com.au/insurance/insurancevaluations.php

mail: services@valuersoffice.com.au | Office: 02 80060663
Head Office: Se 8 421 Harris St DARLING HARBOUR NSW 2007 | PO Box 1117 BROADWAY NSW 2007

NSW Valuations Office |

Under Insured

  June 26, 2020            No comments

Under Insured
Under Insurance occurs when the agreed insurance is not enough to cover the restoration of the insured object. In case of a home building this can lead to the claimant to end up rebuilding a house smaller or with a lower quality than what the insured enjoyed prior to the incident. It is critical that the building is correctly insured to avoid any mishaps in case of an unfortunate event.

For More  Information Visit: https://valuersoffice.com.au/insurance/insurancevaluations.php

mail: services@valuersoffice.com.au | Office: 02 80060663
Head Office: Se 8 421 Harris St DARLING HARBOUR NSW 2007 | PO Box 1117 BROADWAY NSW 2007

NSW Valuations Office |

Over Insured

  June 26, 2020            No comments

insurancevaluations


Over insurance occurs when you pay an excess premium unnecessarily. This occurs when the agreed value of the insurance far exceeds any rebuilding costs. This does not mean the insurance will pay you the agreed value in case of an unfortunate event, as Insurance companies will only pay the invoices of the builders. Hence the excess premium, you paid is wasted.



mail: services@valuersoffice.com.au | Office: 02 80060663
Head Office: Se 8 421 Harris St DARLING HARBOUR NSW 2007 | PO Box 1117 BROADWAY NSW 2007
NSW Valuations Office |
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