As a Strata Insurance Valuer property owner, it’s important to understand how your insurance policy is valued. Here are some of the key factors that can affect your Strata Insurance Valuer :
1. The type of property : The type of Strata Insurance Valuer property you own can affect your insurance valuation. For example, a commercial strata property is typically valued differently to a residential strata property.
2. The age of the property : The age of your Strata Insurance Valuer property can also affect your insurance valuation. Older properties may be valued differently to newer properties, as they may be more at risk of damage or wear and tear.
3. The location of the property : The location of your Strata Insurance Valuer property can also affect your insurance valuation. For example, properties in high-risk areas (such as flood zones) may be valued differently to properties in low-risk areas.
4. The value of the property : The value of your strata property can also affect your insurance valuation. More valuable properties may be insured for more money, as there is more at risk if they are damaged or destroyed.
5. The size of the property : The size of your Strata Insurance Valuer can also affect your insurance valuation. Larger properties may be valued differently to smaller properties, as they may be more at risk of damage or destruction.
6. The level of cover : The level of cover you choose for your Strata Insurance Valuer policy can also affect your insurance valuation. For example, a policy with a higher level of cover (such as full replacement cover) may be valued differently to a policy with a lower level of cover (such as market value cover).
7. The excess : The excess you choose for your Strata Insurance Valuer policy can also affect your insurance valuation. A higher excess may result in a lower insurance valuation, as there is less risk for the insurer.