how much to cover the building for

pcyam

I have always been unlimited on the buildings cover but because we have claimed twice last year on the contents policy the premiums have doubled.

So to reduce the premium Martin advises to dont bother to over insure, so when I have put in details on comparethemarket.com it says that the guideline in x amount of pounds to rebuild, but do I need to add on a few pounds jus in case if anything did happen, or does everyone jus go with the guideline price??

Much appreciated.

I'm a bit of a worrier but dont want to be paying £450 for insurance when it was roughly £200 last year

Evilm

The only way you could be sure of the rebuild value would be to get a surveyor to do a survey of the property and suggest a rebuild value. I've not known someone to do it but I am sure it can be done.

There are rebuild calculators out there as well but they are very basic and are not accurate as far as I know.

If you only purchased recently (eg. the last few years) the mortgage survey will have a rebuild value on it which you can use with an inflation calculator to see what figure you should be using.