How do i find out how much it costs to rebuild my house (building insurance)?

Call your agent, they will go thru a program that will calculate the approximate replacement cost of your home. It only takes a few minutes if you have all the info on your house. Make sure you know the sq footage of the main floor and also the sq footage of the finished basement, sq footage of any porches,decks, additions to the house, breezeways





Your agent should be happy to help you with this.How do i find out how much it costs to rebuild my house (building insurance)?
Your insurance company will do those calculations based on building costs in your area.





Or you could google your area and ';construction costs'; or ';building costs.'; Where I live it's about $250-300 per square foot.How do i find out how much it costs to rebuild my house (building insurance)?
Find a local residential contractor in your area. Ideally he should look at where your home was... pictures of how your home looked would be helpful, especially if it was not a basic tract home..





He should be able to give you a price per square foot. If not a flat cost to construct.





with the flux in material, a flat price would be preferable. Get a contract with a retainage clause.. you retain 5% or 10% with each monthly payment or every 2 week payment. It's kind of an insurance policy that when everything is completed you do a final walk though with the contractor, all the stuff works.. you turn on the sink and a toilet doesn't flush... lol


everything is happy.... write his the check.





Make sure he see that you have set the retainage in a separate account that requires 2 signatures, YOUR'S AND HIS..





That will make him feel better.





Check with your insurance.. there is coverage you can take out while your home is under construction, it will later convert to a homeowners policy. Your lender will probably require it.
Try the Association of British Insurers Website. There is a wealth of information on re-building costs. Follow the link below for tips on measuring your house to using the online calculator. There is no need to Google endless streams of information.
Rather than find out you could take out a policy with unlimited cover so you never run the risk of being underinsured. There are lots of these about. Try Northern Rock's Cover Me policy
look on the rics website or type rebuild costs into google - will give you easy calculator to find out. Many people have too much as their b.insurance as will cost about 拢100,000 to rebuil most average houses in uk