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HOSUE insurance

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nashbash | 02:14 Fri 04th Nov 2005 | Business & Finance
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HI, I am thinking of changing my house buildings insurance, my house has a market value of �125000 what should the rebuild price be ?

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The value and the rebuild costs are not easily correlated. If you have the last survey you can look at the surveyors figure for rebuild and extrapolate using inflation for the time in between. The trouble is a 3 bed semi in some Sh1tH0le may be worth tuppence happeny but it will have the same rebuild costs as one in the posh area so there is not a direct relation ship.

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