Equipment/Personal Property Insurance Appraisal and Inventory

We provide comprehensive personal property and equipment insurance valuation services to clients in virtually all private and public sectors.

Contact us
/en/services/fixed-asset-advisory/insurance-solutions/equipment-personal-property-insurance-appraisal-and-inventory service

Today’s risk managers consider many factors when updating insurable values for equipment and personal property, including:

  • Acquisition or divestiture of facilities and associated equipment
  • Rationalizations, transfer of production lines, changes in occupancies, plant additions, etc.
  • Turnover of capital assets, especially retirements
  • Average asset lives in high-tech and healthcare environments
  • Use of correct cost trend factors to adjust personal property values

 

Cost trends are indicators of average change, however - and there is no “average” assemblage of equipment. Trends vary from industry to industry and should not be used beyond seven to ten years; thus, re-establishing personal property insurance replacement costs on a five- to seven-year cycle serves as the basis of good underwriting practice.

Kroll employs a global team of experienced equipment valuation specialists. Our professionals use various approaches for personal property insurance appraisals depending on the occupancy and needs of our clients, including detailed asset listing, full physical inventory and appraisal, and on-site verification of specific assets.

Related Team

Connect with us

Bradley Schulz
Bradley Schulz
Managing Director
Fixed Asset Advisory Services
Chicago
Phone

See all servicesStay Ahead with Kroll

Valuation

Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.

Compliance and Regulation

End-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate security, legal, compliance and regulatory risk.

Corporate Finance and Restructuring

Comprehensive investment banking, corporate finance, restructuring and insolvency services to investors, asset managers, companies and lenders.

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.

Environmental, Social and Governance

Advisory and technology solutions, including policies and procedures, screening and due diligence, disclosures and reporting and investigations, value creation, and monitoring.

Investigations and Disputes

World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation and testimony.

Business Services

Expert provider of complex administrative solutions for capital events globally. Our services include claims and noticing administration, debt restructuring and liability management services, agency and trustee services and more.