Are you paying too much for buildings insurance - or worse, are you underinsured?
An insurance reinstatement valuation (also known as a reinstatement cost assessment or building sum insured) is the only way to ensure your coverage is accurate, and refers to the amount it would cost to rebuild the entire building from scratch in the event of catastrophic damage. It assumes a total loss scenario and therefore includes costs of;
In order to provide insurance coverage for the premises, almost all insurance providers will require an insurance reinstatement valuation to be carried out by a qualified professional. Calculating the reinstatement cost of a building is a highly technical and complex process, but accuracy is vital to;
Our valuations use the most up to date data provided by the Royal Institution of Chartered Surveyors Building Cost Information Service.
A full report is provided giving a summary of reinstatement cost for insurance reinstatement purposes only but does not contain
any advice concerning the condition of the property or possible defects therein.
We needed a RICS survey completed for our Help to Buy loan. Andrew was brilliant at responding quickly, getting us booked in and writing the report within the same day that he came out to the house! Professional and excellent customer service - would definitely use him again!
Friendly, fast service and nice people. Thank you for everything.
Survey was very thorough and the report produced very quickly.
We were very pleased with the survey. Andrew made a very thorough report which was easy to navigate. This helped us with any enquiries we had about the property we were purchasing.
Extremely efficient company to deal with. The Survey report and potential issues are so detailed.
Thank you for your service, which enabled us to see problems that otherwise would have gone undetected.
Copyright Lockwood Surveyors Ltd 2026. Regulated by RICS | Lockwood Chartered Surveyors is the trading name for Lockwood Surveyors Ltd (Company No. 15564043) | Registered in England: Anglia House, 6 Central Avenue, Norwich, Norfolk, NR7 0HR.
Andrew has been very professional, proactive and overall a pleasure from the start. Andrew was always quick to respond to any queries. Very competitive rates in comparison to other business.
With the Easter bank holiday in mind Andrew completed the survey on Wednesday and I had the report by Thursday!
I would be happy to recommend Lockwood Chartered Surveyors to anyone.
Excellent service!