What is a rebuild cost and how is it calculated?

The rebuild cost is the amount of money it costs to rebuild your home, including the cost of consulting, labour and materials. We use a service provided by the Royal Institution of Chartered Surveyors (RICS) to help us calculate the rebuild cost for your home.

You can also ask local builders or appoint a surveyor to come to your property to carry out an assessment if you want to check the rebuild value.

However, with the majority of our policies, we offer a 'blanket sum insured' for your buildings. This means that rather than us needing to know an exact figure, we'll cover you up to a certain amount, but will only ever pay out what you'd need. 

If you would like further assistance, feel free to join us on Live Chat using the Help button located at the bottom right of this page. 


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