Valuation Gap

The Valuation Gap:

Obstacle or Opportunity?

Following a disaster property owners often discover that:

Their property coverages are less than the cost to replace the property.

Estimates used when purchasing business income insurance are different from what the actual loss appears to be.

Their extra-expense coverage is not adequate to cover the extraordinary costs incurred.

There are a number of things brokers can do to help their clients avoid the "valuation gap".