Insurance – Cost of reconstruction, Law 141
Our role in terms of insurable values is to calculate the cost of rebuilding your property in the event of a disaster. Your file will be handled by an experienced approved assessor.
If you are the administrator or manager of a co-ownership you are required to obtain a complete report every 5 years according to the regulations of law 141. In the case of other properties there are no official regulations. If in doubt, however, it is recommended to validate your reconstruction cost in the event of a disaster to ensure that your coverage is sufficient and adequate.
This amount must be sufficient to cover the construction cost, but also the costs related to a disaster such as demolition and post-disaster cleanup. However, the amount of your coverage must not exceed the actual amount in order to allow you to benefit from a fair and equitable insurance premium.
Our extensive experience in this field allows us to offer the best value for money on the market.
( 514) 982-1640
Our evaluation reports for insurance purposes is a +/- 25 page report. They include: A personalized description of the building, surface area per floor, description of the neighborhood, and the reconstruction cost detailed by main components (including post-disaster cleaning and backfilling costs, sales taxes and additional costs for a reconstruction). You will also find an aerial view of the building and the area, interior and exterior photos, floor plans and a sketch of the building. Our reports meet the most stringent industry requirements.
Our territory in terms of insurable value files includes greater Montreal, the entire Montérégie, Estrie and central Quebec. We invite you to request a free quote at [email protected].
To better understand the real estate appraisal process, visit our FAQ page. There you will find detailed answers to the most frequently asked questions. For more information about our services, please explore this resource.
Do not hesitate to contact us. Our team of experts will be happy to answer your questions.
Téléphone: (514) 982-1640
Courriel: [email protected]
Nos Bureaux: (Sur rendez-vous seulement)
Montréal, 4388 Rue Saint-Denis suite 200 #204
Contrecoeur, 5333 Rue Bourgchemin
