Micro-Val is an asset valuation module that allows the user to create valuations of an item and produce a report for use by insurance companies or assessors.  The information is stored for future use, such as carrying out another valuation at a later time that may be similar to one already performed.

Typical usage is for the Motor Industry.  In order to insure a specialised vehicle, the owner needs to provide written valuations that have a basis upon fact and the open market.  Additionally, if a vehicle is damaged in an accident, the insurance company would require a pre-Accident Valuation, again based upon the values of similar vehicles on the open market.  Making reference to previous valuations and making comparisons assists the Valuer to accurately assess a vehicle and produce consistent valuations. Further uses are Plant & Machinery valuations, due to the extremes of circumstances valuations in this sector are prone to major fluctuations, but by making assessments based upon your experience of previous valuations, you can be far more accurate in your appraisals.

Below is an example of how it has been used in the Motor Vehicle Industry for Insurance purposes.  Each report layout is tailored to the specifications of the insurance company, thereby giving your appraisals full credibility and professionalism.  It has been found to substantially reduce the number of re-assessments asked of by insurance companies.  Since detailed information is taken, along with photo images that show the vehicles condition, defects, status and any supplementary improvements, reference can be made at any time to quickly reaffirm your valuation and appraisal.

Please note all prices displayed on this website are quoted in US$. If you require other currencies, please advise.