Damage assessment, valuation, and calculation of pre-existing conditions

Damage assessment, valuation, and calculation of pre-existing conditions

Damage assessment and valuation is an essential process within expert appraisal practice, as it allows for the objective quantification of losses suffered after a claim and establishes their relationship with the conditions set out in the insurance policy.

At MARTRAT Perits, we carry out precise technical valuations based on detailed analysis of each case, considering both direct damages and pre-existing elements that may influence the final determination of compensation. This approach is essential to ensure a fair assessment aligned with the contractual terms of the insurance policy.

The calculation of pre-existing conditions is a key part of the process, as it allows a distinction to be made between damage caused by the claim and damage that existed prior to it. This distinction is decisive in defining the true scope of coverage and avoiding distortions in the economic valuation of the loss.

Our multidisciplinary team, composed of engineers, architects, economists, and specialized technicians, applies rigorous analytical methodologies that include on-site inspections, document review, material evaluation, and analysis of the risk’s history.

We work across a wide variety of claims, including fires, water damage, weather events, theft, civil liability, industrial risks, and other events covered by insurance policies, for both individuals and companies.

Valuations are carried out according to technical and contractual criteria, ensuring that the expert report accurately reflects the reality of the claim and serves as a solid basis for the resolution of compensation between the insured and the insurer.

At MARTRAT, we guarantee an objective, independent, and specialized approach, providing technical certainty in every damage assessment and valuation process.