Once an organization invests in a structured property insurance appraisal program, annual updates offer a cost-effective way to maintain the integrity of insurable value data. Our professionals apply standard construction cost trend factors to appraised building valuations on an annual basis, which:
Do not consider modifications to the original structure
In addition, we update appraised personal property values using industry-accepted cost trend sources, including:
FM Global's Industrial Cost Trends
The Bureau of Labor Statistics of the U.S. Department of Labor, Producer Price Index
Finally, we account for capital acquisitions and retirements through:
Kroll has established best practices in fixed asset management that are recognized across our profession.
Kroll offers experience, reliability and transparency in the valuation of machinery and equipment for virtually every industry.