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.