Personal Loss Control Services

The knowledge and experience we have gained by helping business and affluent customers recognize, understand and manage their risks gives us the ability to deal with a wide spectrum of risk issues. We understand that personal risks within this segment often includes complex exposures that are closer to commercial risks, and have the experience and know how to address them.

• Reconstruction cost appraisals: We began estimating reconstruction costs for high value homes in 1984 and can estimate reconstruction cost for homes up to $20m. Surveying large estates of family ranches to assess vulnerability to loss, valuation of property, and fire fighting options for unprotected risks is one of our company’s strengths.
• Property Portfolio Review: Ensuring a client’s property portfolio is adequately insured and protected can be a difficult task. Forward Risk’s Property Portfolio Review assesses the valuation and protection of a client’s portfolio of individual properties. We can review inspections completed by others, update the values and determine which locations need re-inspection and complete the inspections at your client’s convenience.
• Water Damage Prevention: Water is a leading cause of damage in homes and we specialize in helping customers understand this vulnerability and specific steps to avoid losses or minimize their severity when they do occur. We evaluate interior and exterior water sources and then suggest various control strategies including: leak detection shut off technology for plumbing lines, water detection alarms, and sewage back up prevention.
• Natural Hazards Risk Assessment: Wildfires, floods, windstorms and other natural hazards cause considerable damage to homes within the US. Determining if a home has adequate windstorm protection in hurricane zones is critical in protecting buildings. We can assist clients in implementing risk control programs that reduce the extent of damage that these events can cause including: pre-storm season checklists, shutter protection/impact glass reviews, wildfire protection strategies via – brush clearance, fire resistant design and application of fire retardants, and flood water control and mitigation techniques.
• New Construction/Renovation: Houses under construction are especially vulnerable to property damage. Prior to breaking ground, we can assist the client in understanding various risk control options they may want to include within the project and building design to minimize loss and maximize insurance premium savings, such as: fire resistant materials, alarm systems, sustainable building materials and/or water resistant building design.
• Personal property inventory and valuation: Many of our clients have substantial personal property and need assistance in documenting, valuing and protecting it. We can provide property inventory and appraisal services as part of our service plan via our partner providers, Asset Verification Incorporated or Asset Archives.
• Energy efficiency and carbon footprint evaluations: Increasing energy efficiency and incorporating “green” design features in homes can save your client money and is good for the environment. Forward Risk can help clients understand green building design options for new construction and renovation projects. Our Energy and Loss Prevention Review can determine how the current building is performing. We evaluate the homes’ vulnerability to loss, assess energy efficiency and determine the impact the home is having on the environment via a carbon footprint calculation. » read more