"Nick Odell" wrote in message
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..

Amongst all these arty-farty one-price-fits-all buildings insurance
policies you will find some good old-fashioned companies that will
want you to cite a figure for "rebuilding cost." That's the cost you
should be insuring for to cover, in the case of a total disaster,
clearing the site and rebuilding what was there before. Go to their
sites and fill in the "rebuilding cost" calculator for the
type/size/location of property you have in mind and it should give you
an up-to-date estimate. Including contract labour etc of course: the
average householder buying a buildings insurance policy isn't planning
to build it all themselves. Rebuilding cost bears no relation to
market value which can be higher or lower, depending on circumstances.

Rebuilding costs are generally higher than building costs as it includes
demolition and clearing the site.

Nick