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UK diy (uk.d-i-y) For the discussion of all topics related to diy (do-it-yourself) in the UK. All levels of experience and proficency are welcome to join in to ask questions or offer solutions. |
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#13
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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 Normally its rebuild after total destruction cots, which is probably in the region of 100-150 a sq ft, for insurance purposes, tho in reality it can be a lot less.. |
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