Can I ask how others on this group get house insurance? The part I am interested in, is the question (or box if it?s a web site quote thing) of ?REBUILD VALUE?. I know how much my house is worth, how much I paid for it etc, but I am not a building engineer, I don?t know if in the event of a fire, they would employee British or Polish Builders, what the cost of a brick is, how many people etc ? so how do I know what the rebuild value is?
There are rebuild calculation web sites that suggest to you values, but I tried three and all three gave different figures (with massive differences) and have nice boxes for amount to ?add for rebuild of garage? and other such questions ? how do I know what?
So what happens if I pull a number out of thin air, and my house burns down. If my number is wrong, do they only build me 90% of a new house?
Regards
John