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Insurance and Cost

Insurance Appraisal and Replacement Cost Studies

Replacement cost and insurance-to-value studies for hangar owners, lenders, and carriers.

Hangars are underinsured far more often than they are overinsured. Carriers and owners tend to price them like industrial buildings, which understates the cost of the door system, the clear-span structure, and the aviation-specific components that dominate a rebuild.

What we deliver

Why hangars are different

The door system alone can account for a large share of the structure's cost, and it depreciates on a different schedule from the shell. Clear-span framing, fire-suppression systems, and aviation-grade floors all price differently from a warehouse. A study that misses these produces a limit that will not rebuild the building.

Delivered as cost consulting, not as a USPAP appraisal.

Who this is forHangar owners and developers, aviation lenders protecting collateral, and insurance carriers and adjusters pricing coverage or a loss.
Component-level research, not a square-foot factorOur founder's doctoral research produced the standard textbook on aircraft hangar valuation, including the component-level depreciation framework this study is built on.

Common questions

Is this a certified USPAP appraisal?

It is delivered as cost consulting rather than a USPAP appraisal. If your lender or filing requires a certified appraisal, we can scope that separately.

Our carrier already gave us a replacement cost. Why do this?

Carrier estimates commonly apply an industrial square-foot factor that understates the door system and the clear-span structure. That gap surfaces only after a loss, when the limit will not rebuild the hangar.

Can you support us after a loss?

Yes. We support loss adjustment positions with a defensible, component-level cost basis.

How often should the study be refreshed?

At renewal, and any time construction costs move materially or the building is altered.

Discuss your engagement

Retained analysis for lenders, owners, investors, and litigation counsel across aeronautical valuation.

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