Services

Risk Inspecs Analysis was born out of the need for fast, efficient delivery of clear and accurate detailed risk inspections and insurance-to-value appraisals for any and all residential and commercial buildings.

Risk Inspection Service

Risk assessment consists of an objective evaluation of risk in which assumptions and uncertainties are clearly considered and presented. The difficulty of risk management is that both potential loss and the probability of occurrence can be very difficult to measure. As a result, the chance of error in the measurement of these two factors is large.

Our inspectors, with years of experience in the building construction, insurance and appraisal industries, attend the site, take accurate field measurements and record the parameters of the structure and prepare the risk assessment report through a pre-confirmed set of requirements. Reports are completed on site and issued directly over the web to the client within the requested time frame.

• On site inspection of property under any and all conditions
• Our Risk Inspection reports cover main areas such as:
• Fire
• Water
• Liability
• Crime
• Risk Inspecs provides recommendations to help reduce the potential for loss
• Photo documentation of the property
• Ability to customize our reports to our clients wants and needs

We also provide reviews of fire protection equipment, including sprinkler systems, pumps, water volumes, alarms systems and suppression systems.

Insurance to Value Appraisal Service

Building Replacement Cost Value (RCV) and Actual Cash Value (ACV) evaluations present many problems especially in today's volatile construction industry. Accurate appraisals by experienced appraisers are needed to avoid the significant problems that under-insured buildings present to the client, broker and underwriter. Proper inspections and appraisals equate to proper insurance-to-value.

As an appraisal firm, with decades of construction and appraisal experience, we perform this work effectively and efficiently. Due to our affiliation with SPECS we are aware of the most recent and current construction values which helps in making our insurance-to-value reports so accurate.

• Through our own research we have found that almost 80% of the buildings on file are underinsured by an average of 43%;
• Proper insurance to value reports help reduce the risk of co-insurance penalties;
• We include demolition costs, debris removal costs, building code and bylaw costs;
• Capability to offer timely, accurate and cost effective reports.