Commercial loss, Ontario:
$4.4 million potential savings
 SPECS was asked to evaluate the cost to repair or replace this commercial property. Originally, the claim was $5.7 million dollars, but after review and a full scope, the claim amounted to $4.4 million dollars less.
Commercial loss, Alberta:
$1.7 million reduction
SPECS was asked to provide a replacement cost value for this commercial property. A reserve of $4.2 million had been placed on the file. Upon negotiation and review of SPECS’s replacement cost valuation, the contractor agreed to complete the project at $1.7 million less than the initial claim amount.
Welcome to SPECS
SPECS, Specialized Property Evaluation Control Services Limited, was established in 1995 to satisfy the need for accurate, economical and detailed replacement cost reports for every type of property loss across Canada.
Our Role As Post - Loss Appraisers:
Our team not only has the extensive, national, industry knowledge and court recognized expertise needed to conduct and outline the scope of property damage, we are proficient at attaching current replacement values and up to date depreciation to a loss.
SPECS strives on our ability to expedite the insurance claims process, making the most of our clients' invaluable time, thus allowing the insured to return to their property as quickly as possible.
SPECS offers an inclusive range of services that ensures effective management of insurance claims of all sizes, wherever and whenever they occur.
Services we offer:
Detailed Valuations
Large Loss Specialists
Liability Specifications & ACV Valuations
Insurance to Value Appraisals
Specification & Bid Documents
Project Consulting & Review
Catastrophe Valuation Programs
Conflict Resolution
File Audits & Reviews
Appraisals Under The Insurance Act
Risk Inspection Service
On site inspection of property under any and all conditions.
Our Risk Inspection reports cover main areas such as:
1. Fire 2.Water 3. Liability 4. Crime
Recommendations to help reduce the potential for loss
Photo documentation of the property
Ability to customize our reports to our clients wants and needs
Pre Loss Insurance to Value Appraisal Service
Building Replacement Cost Value (RCV) and Actual Cash Value (ACV)
|  | 
Contact Head Office
*New Location*
#201, 15015 - 123 St
Edmonton, AB T5V 1J7
Toll free 1-888-664-2040
Fax 780-930-5145
Email SPECS Head Office
New office opened in Victoria, British Columbia
1288 Oscar St:
SPECS has just opened a new office in Victoria, BC. The strategic location and the placement of Michael Arneja, Office Manager, whose extensive knowledge of the construction and restoration markets, will allow the company to better serve its insurance clients in the Victoria market.
New office opened in Lethbridge, Alberta
#103, 1201 3rd Ave. South:
SPECS has recently opened a new office in Lethbridge, Alberta, managed by Neal Thunder Chief, to serve you better.
Click on Offices & Staff above for a complete listing of all our locations, and meet the people who are there to assist you.
|
