On Fri, 29 Oct 2004 19:45:29 GMT, "R Taylor"
wrote:

MM wrote:
I got one quote, and they worked out the value for buildings insurance
based on post code, number of bedrooms and other points. Then I called
another broker and she said her firm had to be advised the value
required to be insured, as they could not themselves provide any
estimate. I kind of had the feeling from them of, take it or leave it!

As I don't need a mortgage and the building is brand new, how am I
supposed to find out what to insure it for? I believe the buildings
insurance is normally a lot less than the price paid for the property.

MM

the rebuild insurance is double the purchase price, ime.

others may disagree, insurance companies dont....


The other way around, surely.

How can the rebuild cost exceed the cost of the existing building plus
the land? The land doesn't go away......


..andy

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