Assessment of Insurance Cost of Religious historical and Cultural Monuments

The article discusses the problems associated with the protection and evaluation of the St. Petersburg-monuments of architecture buildings, which are under state protection, with appropriate protection status - «a monument of history and culture». We also consider the technical issues be included in...

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Bibliographic Details
Main Authors: Rimma Rygzynovna Afanasieva, Alexander Nickolaevich Tsatsulin
Format: article
Language:EN
RU
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018
Subjects:
Online Access:https://doaj.org/article/ab3e6946d40b4c58ae90fca4e863b052
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Summary:The article discusses the problems associated with the protection and evaluation of the St. Petersburg-monuments of architecture buildings, which are under state protection, with appropriate protection status - «a monument of history and culture». We also consider the technical issues be included in the market value of the property factor «historical reputation» with three classical approaches to evaluation - cost, income and comparative. Of particular interest is the formation of a project cost of insurance for the purpose of St. Isaac’s Cathedral, included in the list of UNESCO World Heritage sites. In the absence of a proper valuation of methodical maintenance of monuments article authors try to construct an algorithm and a procedure for determining the insurance value of St. Isaac’s Cathedral.