Reinstatement Cost Assessments

A Reinstatement Cost Assessment (RCA) ensures that a property is adequately insured in the event of total or partial destruction. Under-insurance can expose property owners to significant financial loss, while over-insurance results in unnecessary premium costs. Our RCA service delivers precise, evidence-based valuations for insurance purposes, fully aligned with RICS standards. Whether for a single asset or a national portfolio, we provide peace of mind through compliant, defensible figures that stand up to scrutiny.

What We Do

We carry out detailed Reinstatement Cost Assessments for commercial and residential properties with a robust methodology that reflects the latest construction costs and industry benchmarks. Our assessments typically include:

• On-Site Building Inspection: Physical survey to capture key data including construction type, gross internal floor area (GIFA), layout complexity, and site-specific constraints.
• Cost Analysis: Application of current BCIS (Building Cost Information Service) data and market-adjusted indices to determine accurate rebuild values.
• Adjustments & Allowances: Inclusion of demolition, site clearance, professional fees, debris removal, access challenges, listed status, and inflation contingencies.
• Portfolio Consistency: Harmonised assessments across multiple assets for consistent insurance coverage and streamlined portfolio management.
• Annual Indexing & Review Support: Optional ongoing service to update RCAs in line with market movement or after material changes to the building.

Every RCA we produce adheres strictly to RICS guidance note: Reinstatement Cost Assessments of Buildings (2nd edition), ensuring full regulatory compliance and professional integrity. We can also provide desktop based updates on Reinstatement Cost Assessments to bring costs in line with latest construction cost inflation data.

Why Choose Kingswood?

• RICS-Aligned Expertise: All assessments are prepared or overseen by RICS-accredited professionals, using recognised methodology and format.
• Accurate, Defensible Values: Our reports are data-led, evidence-backed, and benchmarked against national indices, ensuring confidence for insurers and underwriters alike.
• End-to-End Service: From site inspection to final reporting, we manage the full RCA process with minimal disruption and maximum precision.
• Tailored for Asset Type: Whether you manage offices, retail, logistics, or residential blocks, we adapt our approach to reflect the complexity and specific risks of each building.
• Trusted by Owners, Insurers & Fund Managers: Our clients include institutional landlords, REITs, pension funds, and private equity investors seeking dependable insurance valuations.