Protect Your Assets
with an Insurance Appraisal
Protect Your Assets
with an Insurance Appraisal
An insurance appraisal provides an estimate of total replacement cost for a property in the event of a total loss. We call this the Total Insurable Value (TIV) and it is used for placing property insurance.
An insurance appraisal provides an estimate of total replacement cost for a property in the event of a total loss. We call this the Total Insurable Value (TIV) and it is used for placing property insurance.
Four Reasons You Need an Annual Insurance Appraisal
Four Reasons You Need an Annual Insurance Appraisal
Sufficient Insurance Coverage
Avoid Overpayment on Premiums
Avoid Co-insurance
Fulfill Fiduciary Duty

Accredited Insurance Appraisal Experts
While other companies offer various types of appraisal services, our team specializes in replacement cost reports. There is no confusion in our valuation methods – our reports are reliable and accurate.
Protect your assets with an insurance appraisal from Normac.
Accredited Insurance
Appraisal Experts
While other companies offer various types of appraisal services, our team specializes in replacement cost reports. There is no confusion in our valuation methods – our reports are reliable and accurate.
Protect your assets with an insurance appraisal from Normac.
The Normac Difference
Competitive Pricing
We have a competitive fee structure with no additional charges for appraisal updates in years 2 & 3 of our three-year programs.
Experienced Appraisers
Our team has over 25 years of experience, having appraised more than $800B in replacement costs, in over 120 cities across Canada.
Unparalleled Customer Service
Our dedicated client services team is always on standby, ready to answer your questions and support you throughout the appraisal process.
Proactive Appraisal Management
Our reports are delivered quickly, with updates provided 60-90 days in advance of effective dates along with reminders for program renewals.
Alignment with Renewal Dates
We can coordinate the appraisal effective date with the insurance renewal date, preventing
mid-term limit adjustments.
COVID-19 Response
The health and safety of our clients and staff is our top priority. As an essential service, we continue to serve our clients with as little disruption as possible.
Industry-Leading Reports
Industry-Leading Reports
Our appraisal reports are comprehensive and trusted by insurance brokers, property managers, and owners for their accurate and justifiable valuations.

Our valuations include:
- DETAILED property description with identifying photos and easy-to-find Total Insurable Value (TIV).
- COMPREHENSIVE construction type summary that outlines frame type, floor and roof structure and materials, all heating, plumbing and electrical systems, fire protection details, and more.
- ALL STRUCTURES landscaping, finishes, and common equipment. More on inclusions here
- CONSIDERATION of all materials to rebuild, labour and professional fees, taxes and fluctuations, all demolition and removal costs to prepare the site for reconstruction, and costs to upgrade the property to meet current regional building codes and municipal bylaws including fire protection and accessibility.
- A BREAKDOWN of different sections so brokers can secure the best terms based on construction type.
Experience With All Property Types
- Low-rise and high-rise apartment buildings
- Townhome complexes
- Mixed-use developments
- Bare Land properties and Homeowner's Associations
- Government, not-for-profit, and subsidized housing
- Master planned communities
- Phased developments
- Senior centres
- Office buildings and towers
- Malls and commercial developments
- Light industrial properties
- Hotels and resorts
- Heritage buildings
- Places of worship
Case Studies
The following are fictitious properties which reflect actual scenarios that we see frequently across the various property types.
See why owners, property managers, and insurance brokers trust Normac.
Experience the Normac Difference
See why owners, property managers, and insurance brokers trust Normac.