Post Loss
Purpose
A post loss valuation may also be known as a retrospective valuation and seeks to determine the replacement value of an item that has been lost or stolen. A schedule is produced and a valuation ascertained on the basis that the item has been described by the client but not seen by us. The client may wish to use the valuation to pursue a subsequent insurance claim but we cannot be held responsible for the validity of the value as this is based solely on the client’s testimony.
Charges
We charge 1% of the total appraised value. In addition there is a £20 document preparation fee. All charges include VAT.
Please note:
In the case of rare or exceptional articles, we reserve the right to pass on, with client’s prior agreement, reasonable charges born by us in respect resulting from travel expenses or outsourced research.
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