Commercial loss, Ontario:
$4.4 Million Saved
SPECS was asked to evaluate the cost to repair or replace this commercial property. Originally, the claim was $9.1 million, but upon negotiation and review of SPECS' replacement cost valuation, the contractor agreed to complete the project for
$4.4 million 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 based on the appraisal provided by the contractor. Upon negotiation and review of SPECS' 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 fill 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 excels at expediting the insurance claims process, making the most of our clients' valuable 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
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Contact Head Office
#201, 15015 - 123 Ave
Edmonton, AB T5V 1J7
Toll free 1-888-664-2040
Fax 780-930-5145
Email SPECS Head Office
We're Hiring
Click here to view our careers page where you could become
a part of the SPECS Team!
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