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COST SEGREGATION ARTICLES
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Insurance Valuation

Insurance Valuation

Insurance valuation can guarantee the property owner has adequate insurance and is not paying for excessive coverage. Casualty insurance costs rose sharply after hurricanes Katrina and Rita, particularly in the Gulf Coast area.

Insurance valuations provide evidence regarding replacement cost. Insurance valuations confirm casualty insurance coverage is adequate to rebuild the property in event of a casualty. Since construction costs have increased sharply in recent years, replacement costs have changed materially in the last few years.

Purposes of insurance valuations include making the following parties comfortable insurance coverage is adequate:

  • Insurers
  • Lenders
  • Owners
  • Limited partners
  • Tenants

Insurance valuations are prepared by calculating the cost to replace the existing property, including items which would be destroyed by a casualty.  The cost of site preparation, paving, sidewalks, underground utilities, and foundation would not be included when calculating replacement costs in the insurance valuation. Appraisers would visit the site and document the quantity of improvements and type and quality of construction materials.  Replacement costs are developed from the combination of construction costs manuals and/or interviews with developers, lenders, and builders.

Accurate replacement cost data can ensure the insurer, lender and owner are adequately protected in event of a casualty.

O’Connor & Associates staff complement of over 50 real estate professionals includes 12-15 senior staff members who can complete an insurance valuation.  They can also handle other due diligence tasks.  These professionals are supported by an experienced staff of over 100 who are accustomed to complex assignments.  Our team has experience in all aspects of real estate including acquisitions, due diligence, ownership, appraisal, property tax appeals and dispositions.  Reduce your risk and stress by utilizing O’Connor & Associates’ breadth and depth of experience to evaluation your real estate investments.

To obtain more information on O’Connor & Associates’ valuation services, Larry Brewster at 713-686-9955 or fill out our online form.




Corporate Office
2200 North Loop West, Suite 200
Houston, TX 77018
driving directions to all locations
(t) 713.686.9955 / 1.800.856.REAL
(f) 713.686.3377
For general questions not related to property tax, e-mail us.
For property tax questions e-mail the Property Tax Department.
Office Locations
Houston, TX (corporate)
Dallas, TX
San Antonio, TX
Austin, TX
Los Angeles, CA
Services: Cost Segregation | Property Tax | Appraisals | Research & Consulting
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