Buildings Insurance

Setting the buildings sum insured

It’s up to you to make sure that the amount you insure for represents the full value of your property. For buildings, this means the full cost of rebuilding your property, including any outbuildings. You also need to think about any extra costs involved in rebuilding, such as demolition, architects’ and surveyors’ fees. And there could be additional costs in meeting the requirements of your local authority.

It’s important that you insure for the full amount as the sums insured are the maximum payouts for any claim.

Further information can be found in our guide to insurance rebuilding costs.

Professional valuation

It is advisable to obtain a professional valuation for your property to ensure that you set your buildings sum insured correctly. We have negotiated discounted rates with Barrett Corp Harrington (BCH) who would be happy to help in this respect. For further information please contact us.