PML Reports are used to protect building owners and investors in the event of a catastrophic event.
The Probable Maximum Loss (PML) report is a common tool used by real estate investors, lenders and insurers to assess a worst-case scenario of a building damage to earthquake, flood, fire or other catastrophic event. PML reports are one of the most common requirements by lenders for real estate transactions. For most common types of transactions, a simple PML number is all that is needed.
Essel staff are fully trained and certified for all inspections they will perform.
While others may outsource tasks to the lowest bidder, we use only in-house engineering professionals.
We work quickly but leave no stone unturned to ensure your interests are fully protected.
Essel Environmental prepares PML reports for all types of properties throughout the West.
PML reports are prepared by Essel and it’s Structural Engineers to determine the value of the largest loss that could result from a disaster, assuming the normal functioning passive protection features and property functioning of most active suppression systems.
Essel is well aware of how important these calculations are in the underwriting process which is why our team and our attention to the process is unparalleled. We have noticed that sometimes clients may benefit from an inspection of the structural system of a building more than a PML, and they may think the PML covers it.
The PML is a collection of numbers and assumptions that is entered into a software that spits out the PML number. That may or may not be the best fit for what you need.
Essel Environmental performs Probable Maximum Loss reports in-house following all local, state and federal regulations. We also have the ability to customize a report to your specific concerns to ensure that all relevant issues are addressed.
Essel Environmental Engineering can include any add-ons to an existing report. Speak with our client representative today to discuss your needs. 1-800-595-7616 or use our contact form.
Essel Environmental Engineering and Consulting brings a dedicated team of experts to each project to ensure you get the best information possible about your property or transaction.
Essel’s mission is to become the primary choice for environmental risk management services by delivering a technically sound & cost effective product on time.
Our vision is to create an organization that is valued part of our clients business process and one in which our employees will feel empowered by the difference they make.ience, we listen hard to understand your business and your needs.
Essel Environmental Engineering and Consulting offers environmental investigation and reporting services to support commercial real estate transcations, development and rehabilitation.
2564 Market St. Suite 160
San Francisco, CA 94104
Phone: 1 800 595 7617
Email: nik@esseltek.com
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