High Rebuilding & Contents Cost

nelliebag

Can anyone help me get quotes for buildings and contents insurance - my current policy includes rebuild cost at £385k and contents £50k and I'm having trouble getting a quote for this year. Also it would be great if I could get some of the money from the current insurance offers.
Thanks

nellie

jennifernil

Try some of the companies that go on numbers of bedrooms, it can work out cheaper. We are with Halifax, but lots do it that way.

nelliebag

Thanks, I'll give them a go.

nellie

oldwiring

LiverpoolVictoria Standard Cover B: £500K, C; £125K might be another one to look at

ArchieB_2

Why not try some of the Mid Net Worth/High Net Worth providers. Hiscox? Chubb?

Your contents sum insured sounds out of synch with your buildings sum insured to me - how/when was this calculated?

I would not gamble my home (if it were such high value) on the desire to get £50 cash back - it is so important that you get appropriate cover.

oldwiring

ArchieB wrote:

Why not try some of the Mid Net Worth/High Net Worth providers. Hiscox? Chubb?

Your contents sum insured sounds out of synch with your buildings sum insured to me - how/when was this calculated?

I would not gamble my home (if it were such high value) on the desire to get £50 cash back - it is so important that you get appropriate cover.

I agree especially about imprtance og appropriate cover. Saving money is not everything.

nelliebag

ArchieB wrote:

Why not try some of the Mid Net Worth/High Net Worth providers. Hiscox? Chubb?

Your contents sum insured sounds out of synch with your buildings sum insured to me - how/when was this calculated?

I would not gamble my home (if it were such high value) on the desire to get £50 cash back - it is so important that you get appropriate cover.

Thanks ArchieB
when you say out of synch do you mean contents too much or not enough - we have had a basic £50k (5 bedrooms) cover for years while the rebuild costs increase yearly. We have lived in this house for 17 years and have always been insured with Royal & Sun Alliance they have never been in touch except to advise the premium each year.

Porker

try a re-build cost calculator - http://www.home-cover.com/home-insurance-faqs-existing-insurer.cfm

the re-build cost does sound VERY high alongside £50k of contents.

Astaroth

Direct Line, Privilege, Churchill etc all give you £1,000,000 of rebuild as standard. £50k is certainly not going to be an issue for contents.

Porker

but why have £1m rebuild if you dont need it? surely averages like that mean some people are paying more than they should for elaborate cover? conversely some people (ie those with a £900,000 rebuild cost) will be getting a great deal...wont they?

elektra

Porker wrote:

try a re-build cost calculator - http://www.home-cover.com/home-insurance-faqs-existing-insurer.cfm

the re-build cost does sound VERY high alongside £50k of contents.

could not get that link to work. try this one instead

http://calculator.bcis.co.uk/