Natural Disaster and Emergency Damage Valuation

A warehouse fire, a flood that submerged a production site, a storm that tore off roofs — emergencies hit businesses suddenly and at scale. To obtain insurance compensation, recover damages from those responsible or correctly write off assets, the losses must be documented by an independent valuation.

The Kanzas company values emergency and disaster losses for businesses, communities and property owners. Our 20+ years of experience cover all principal asset classes — buildings, equipment, inventory, vehicles, crops.

What qualifies as an emergency or natural disaster

Under the Civil Protection Code of Ukraine, an emergency is a situation in a given territory or facility marked by the disruption of normal living conditions caused by a catastrophe, accident, fire, natural disaster or other hazardous event. Emergencies are classified, in particular, as man-made (accidents, fires, hazardous emissions) and natural (disasters: floods, storms, earthquakes, landslides).

For the valuer this classification is practical: the type of event determines the documentation, the circle of liable parties and the addressee of the report — an insurer, a court, or the company's own books.

Types of emergencies we value losses from

• fires, hazardous emissions and industrial accidents;
• floods and inundations;
• storms, hurricanes and tornadoes;
• earthquakes.

Who needs the valuation and why

Businesses — stocked warehouses, production lines, crops and machinery: for insurance compensation, claims against liable parties, write-offs of destroyed assets, reporting to owners and investors. Communities — municipal property and infrastructure. Policyholders — an independent figure to challenge an insurer's understated calculation.

Workflow and required documents

1. Documentation of the event: reports of the State Emergency Service or other competent services, commission reports, certificates (hydrometeorological — for natural emergencies);
2. A list of the damaged and destroyed property — it determines the scope of the information request and the budget;
3. Inspection of the assets by the valuer and collection of documents for each asset;
4. Valuation: the damages equal the difference between the property's value before and after the event;
5. A report with supporting documents — for the insurer, the court or the write-off.

An important boundary: losses caused by the war (shelling, strikes, fires caused by attacks) are valued under a separate mandatory methodology — a different practice area: war damage valuation.

Disasters strike without warning — but their consequences can be quantified precisely. We offer substantiated reports accepted by insurers and courts, realistic timelines and an individual approach to every client and their situation. Write to us by email or messenger — we will discuss your situation and prepare a fee proposal.

FAQ

What should be done immediately after an emergency? Have the event documented by the competent services and photos, and draw up a list of the damaged property.

Can an insurer's calculation be challenged? Yes — an independent valuation is grounds for revising the compensation.

Who issues emergency reports? The State Emergency Service, commissions of the enterprise or community, and competent services.