How to calculate the rebuilding cost of your home.
It is really important to have the correct rebuilding cost on your home or property when you are looking to insure it. Having a property over insured will mean you are paying too much on your premium and having it under insured will mean you may not receive the full amount if you have a claim. In this video, we outline why it is important to have the correct reinsurance value and how you can simply work out the reinsurance value of your home for your insurer and more importantly for yourself.
Hopefully the below video will help you work out the correct rebuilding value. If you need help with this or any other property insurance matter, drop Lisa in our property department an email Lisa@powerinsurances.ie and she will do all she can to help.
Regards, Jim Power – Power Insurances