Insurance Appraisals

A major concern for risk managers, insurers, and consultants is the accuracy of property records and property values. An effective property valuation program ensures that properties in your organization's portfolio are accurately tracked and insured to value. MAXIMUS offers an array of services designed to help organizations meet their insurance reporting needs:

• Inventory Services – Identify and catalog your organization's property(ies) and exposures.



• Valuation Services – Establish supportable values for replacement and/or reproduction costs.



• Comprehensive Property Inspections and Appraisals – Includes the following property classifications and services:

• Risk Pools
• State and Local Governments
• Educational Institutions (K-12 and Higher Education)
• Industrial/Commercial
• Hospitality
• Airports/Port Authorities
• Healthcare Facilities
• Annual Update Services (Records maintenance and perpetuation)
• Historical Building Appraisals
• Claims Assistance
• Off-site Secure Storage of Records
• Development of Supplemental Underwriting Data

• Reports – MAXIMUS provides standard reports that are both practical and flexible, and customized reporting and data solutions are also available.

Depending on your organization's insurance coverage, MAXIMUS appraisal services can provide replacement values for property and assets based on replacement cost, functional replacement cost, or actual cash value. Our appraisers work closely with each client to ensure compliance with existing co-insurance requirements, as well as to help determine the most appropriate placement of valued assets, since segregating assets by type supports a more accurate determination of policy inclusions and exclusions.

MAXIMUS appraisal services enable your organization to more accurately determine insurance requirements, which ensures that property and assets are adequately covered in the event of a loss. Likewise, our appraisal services can determine if your organization is making unnecessary expenditures by over-insuring property and assets. What's more, accurate valuation records compiled by an objective third party like MAXIMUS can serve as proof-of-loss documentation in the event of a claim.

MAXIMUS also offers a range of record update services, which enable our clients to maintain accurate property and asset records for insurance coverage and reimbursement. These services include:

• Annual Trending of Values – MAXIMUS-supplied indices identify individual replacement cost adjustments for given assets.



• On-site Appraisal Update/Scanned Re-inventory Services – Identify asset locations, newly acquired assets, and disposed assets.



• Desktop Update Service – Annual report of asset additions, transfers, and retirements to maintain accurate records for insurance coverage.



• AssetMAXX – A Web-based software solution designed to meet our client's insurance reporting needs.

For more information about MAXIMUS Asset Management Services, contact a MAXIMUS representative today.

 Service Areas

 Capital Asset
Inventories

 Facility Programming
and Planning

 Insurance Appraisals

 Value Added Member
Services (Risk Pools)

 Rights-of-Way Mgmt.
Consulting

 Technology Solutions

 AssetMAXX™

 Handheld Scanners