Home Insurance

oldwiring

cattie wrote:

With a blanket cover policy such as the Halifax offers you don't have to put in a value for rebuilding, or state an amount for your contents.

It may be worth checking out their policy as I've always found them the most competitive & you get a 20% discount for applying online.

But such poicies' premiums must br worked on an average for the number of rooms and the likely value of contents for a proprty of that size with a margin in favour of the insurer. IMHO such poicies are beneficial to those with properties that are larger than the average and who have plenty of possessions. If Phil is in that position a Halifax type poicy may be OK.

Mr_Proctalgia

I've just run the calculation again and it still comes out at £132k and yes I did measure and use feet only

Ex council 3 bed semi
25foot x 25foot = 625 x 2 =1250sq foot
EM area
1920 - 1945 era
add £10k for outbuildings

And it comes out at £132000

I am in the process of buying it for £67.5K

That being said I have been offered inurance for just over £150pa with £40k cover for contents and the bricks and sticks at a value of £135k... So its not all bad news I guess.

monkey_writer

yep - we are buying a victorian terrace house for £140k but the valuation set the rebuild at £170...