Get Accurate Reinstatement Cost Assessments from Australia’s Leading Chartered Quantity Surveyors
Ensure your property is insured at its true value. Our experts deliver detailed Reinstatement Cost Assessments (RCAs) to protect you from underinsurance or inflated premiums.
Why Choose Koste Chartered Quantity Surveyors?
Certified Chartered Experts
Koste is certified by AIQS and chartered by RICS, ensuring the highest standards of accuracy and professionalism in our reports. These qualifications guarantee that our Reinstatement Cost Assessments are recognised by insurers and meet Australian regulatory requirements.
Cutting-Edge Technology
Koste uses the latest technology and software to deliver fast and precise reports, integrating real-time data on construction and rebuilding costs.
Thousands of Reports Annually
Our reports are backed by Professional Indemnity Insurance, offering you added peace of mind in case of any discrepancies.
Fully Insured Reports
Our reports are backed by Professional Indemnity Insurance, offering you added peace of mind in case of any discrepancies.
Why You Need a Reinstatement Cost Assessment
Avoid Underinsurance
Underinsurance is a common issue that can leave property owners facing major out-of-pocket expenses in the event of a claim. Our assessments ensure your property is adequately covered to prevent shortfalls.
Avoid Overpaying for Insurance
Overinsuring your property leads to inflated premiums. We provide accurate rebuilding costs, ensuring you only pay for the coverage you actually need.
AIQS-Approved Practices
Our assessments follow AIQS guidelines, ensuring compliance with Australian standards and providing you with reliable valuations that meet insurer requirements.
What’s Included in Our Reports
Our comprehensive RCA reports include:
1
Building Structure and Services: Full assessment of materials and structural components to determine rebuilding costs.
2
Demolition and Site Clearance Costs: Consideration of removal and demolition expenses.
3
Professional Fees: Calculation of necessary fees for architects, engineers, and other professionals involved in the rebuilding process.
4
Escalation for Inflation: Account for future construction cost increases, ensuring your policy covers inflationary factors.
The Simple Process of Getting an RCA
Our Pricing
On-Site Assessments
Commercial and high-value properties will be priced based on complexity and location.
Starting from
$600+GST
(metro areas)
Desktop Assessments (Not Applicable)
Based on AIQS guidelines, Koste does not currently offer desktop assessments due to the need for full accuracy in insurance valuations.
Frequently Asked Questions
What’s the difference between a Reinstatement Cost Assessment and a market valuation?
In contrast, a market valuation reflects the current selling price of the property in the real estate market, considering factors like location, demand, and comparable sales. An RCA is not related to market trends but focuses on the cost of physical replacement.