Home & Contents Insurance

Valuing your home and contents

Rebuilding costs

Many people may not be aware of the rebuilding costs of their home and might well insure their home for the current likely sales value. If so you may well be paying more for your insurance than you need to. Rebuilding costs vary according to:

• The age of your home
• Its size
• Type of house
• Which region

For a guide to calculate the cost of rebuilding your home, visit www.bcis.co.uk or call the Association of British Insurers on 020 7600 3333 for a free information leaflet. The rebuilding cost will not be the same as the market price.

Contents value

Invariably, people tend to underestimate the value of their contents. Go through your home room by room and remember to add the replacement value of all your clothes, possessions and valuables (jewellery, paintings, furniture, ornaments, etc.)

Remember to add the cost of fittings in the kitchen and bathrooms and items within the garden and/or outbuildings.

You may require cover for your personal possessions anywhere in the world while you are away on holiday or business.