Determining Value

McArdles always pre-test surfaces to determine which option to choose, and the time required for restoration.

Clean: to remove the soil that foreign to the construction of the fabric or surface. – Cleaning is the least expensive option for both insurers and insurance companies.

Resurface: provide a new surface over or in place of the old one (refinish, reupholster, paint, Etc.)

Replace: provide a new item or an item of comparable value (may be subject to deprecation, depending on policy specifications).

  • Real value: present market value
  • Appreciated value: antique or artistic value
  • Sentimental value: subjective value
  • Original cost (e.g. $600)
  • Replacement cost (e.g. $1000)
  • Depreciation (e.g. 20%)
  • Preserve the surface or fabric
  • Clean within the limitations of the situation presented
  • Provide reasonable work for reasonable price

This information helps the client and or any other parties involved understand the limitations of the fire loss and the situation at hand.

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Let’s chat

to discuss how we can be the best partner for you.

  • 02 6361 8447

  • talktous@mcardles.com.au