Accurate Valuations for High-Value Engineering Assets
Rushton International provides expert insurance valuations for the engineering sector, covering buildings, plant, equipment and contents across a wide range of businesses, from global manufacturers to specialised SMEs.
We understand the complexity and value of engineering assets, as well as the challenges companies face in maintaining accurate and up-to-date insurance cover. Too often, assets are insured at indemnity or net book value, rather than full reinstatement cost, exposing organisations to underinsurance risks, inflated premiums, and inadequate protection in the event of a loss.
At Rushton, we address this risk by conducting physical asset assessments rather than relying on registers or client-supplied information. Our experienced team delivers consistent valuations across all business locations and facilities, ensuring assets are appropriately covered and premiums fairly allocated.
Our engineering valuation service includes:
- Clear delineation between building and plant assets
- Allocation of values to support EML (Estimated Maximum Loss) and PML (Probable Maximum Loss) studies
- Detailed plant registers to support asset tracking, including additions, disposals and transfers
- Ongoing valuation programmes with optional annual updates
- Consideration of currency fluctuations and regional variations in reinstatement costs
Why Value with Rushton?
- Avoids the risk of underinsurance or overpayment of premiums
- Supports accurate and defendable claim settlements
- Ensures premiums are correctly apportioned across business units
- Enhances risk management by identifying critical operations and high-risk areas
- Reduces internal resource pressure by outsourcing the valuation process to experts
- Corrects common errors, such as valuing equipment based on net book value
- Establishes long-term assurance through structured valuation planning
From single-site operations to complex international portfolios, we bring technical insight, sector-specific knowledge and a reliable methodology to every valuation.
To discuss your engineering insurance valuation needs, contact our team at enquiry@rushton.co.uk or reach out via our contact page.
