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Valuers and loss assessors

South Africa Valuers and loss assessors value property and various goods and assess losses covered by insurance policies.

Tasks

  • (a) determining the quality or value of raw materials, real estate, industrial equipment, personal and household effects, works of art, gems and other objects
  • (b) assessing the extent of damage or loss and liabilities of insurance companies and underwriters for losses covered by insurance policies
  • (c) obtaining records of sales and value of similar items or property
  • (d) inspecting items or property to evaluate condition, size, and construction
  • (e) preparing reports of value, outlining the estimation factors and methods used
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