Asset Valuations for Insurance Purposes

Arrange an asset valuation for insurance purposes

Accurately valuing your business assets for insurance purposes is essential to protect your firm from financial loss. Whether you own manufacturing equipment, commercial vehicles, specialist machinery or other high-value assets, having them professionally valued ensures you have adequate cover in place.

Eddisons Asset Auctions provides comprehensive insurance valuation services across a wide range of sectors. Our RICS-accredited valuers deliver precise, evidence-based assessments that insurance providers can rely on.

If you need your assets valued for insurance purposes, please call 0333 200 2041 or complete the form below to discuss your requirements with one of our specialists.

How do asset valuations impact insurance decisions?

Insurance valuations determine the level of cover you need to protect your assets. An accurate appraisal ensures that, in the event of damage, theft or total loss, your insurance policy will provide sufficient funds to repair or replace the items.

Providers typically require up-to-date valuations to determine premiums and policy terms. A detailed, professionally prepared valuation report gives insurers confidence in the accuracy of your declared asset values, which can lead to more favourable terms and faster claims processing.

Who can get assets valued for insurance purposes?

Individuals/businesses

Business owners across all sectors require insurance valuations to protect their operational assets. Professional valuations ensure your equipment, machinery and vehicles are adequately covered.

Insurance providers

Insurance companies often request independent valuations to verify the declared values of high-value or specialist assets. Our RICS-certified valuers provide impartial, evidence-backed reports that you can rely on when underwriting policies or assessing claims.

Insurance brokers

Insurance brokers frequently instruct us on behalf of their clients to ensure policies are based on accurate asset values. We will work closely with you to deliver timely, comprehensive assessments that support policy renewals, new cover arrangements or claims investigations.

Why are accurate insurance valuations for assets critical?

Avoid underinsurance – When your policy cover falls below the true value of your assets, insurers may reduce your payout

Prevent claims disputes – Independent valuations provide clear, documented evidence of asset worth, helping avoid disagreements with insurers or policyholders

Maintain current coverage – Asset values change over time due to market conditions and wear. Regular revaluations ensure your premiums reflect actual risk

Gain peace of mind – Knowing your assets are properly covered allows you to focus on running your business without worrying about gaps in your protection

How do I arrange an asset valuation for insurance purposes?

Arranging an insurance valuation with Eddisons Asset Auctions is straightforward. Contact us by calling 0333 200 2041 or completing the form at the bottom of this page. We will discuss your requirements and explain how our services work.

One of our RICS-certified experts will then visit your premises to inspect your assets. During this visit, they will assess the condition, functionality and specifications of each item, taking detailed photographs and notes for the valuation report.

Following the inspection, we prepare a comprehensive valuation report that is prepared in accordance with RICS Valuation Standards, ensuring it meets the requirements of providers and brokers.