An in-depth, objective evaluation of your Council’s assets is a critical step in risk management. It will help you understand where your risks lie, give you an indication of how to prioritise your mitigation efforts, and what investments are needed to keep your assets secure.
How Does It Work?
The asset valuations are conducted by our trusted service partner, who we continuously monitor to ensure our level of service is the highest possible. They’ll provide you with a detailed report on the state of your buildings and its contents, which will help you make informed decisions about how to best protect your assets.
This is essential because due to a hardening insurance market, your valuation must be up-to-date and in place should you need to claim on your protection policy.
Frequently Asked Questions (FAQs)
Full property and contents valuations are conducted every five years, with desktop audits the following four years. Furthermore, one-off valuation reviews are provided for any newly purchased or constructed buildings.
Our service partner hosts a schedule on the Member Portal — please refer to it for information, or contact the Member Services Manager.
In this case, the Mutual’s valuer and broker should be notified to make the necessary modifications.
Still have questions about our Asset Valuations?
Visit our FAQ page or get in touch with our team to learn more.
More Services and Benefits
We understand that local governments have unique needs, which is why we offer a comprehensive list of risk management services and benefits:
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Serving our members’ needs first and foremost is our top priority. The unique challenges faced by local governments are well understood within the Mutual — and we continually strive to become better every day so that all communities will be safer as a result of our collaborative efforts.
