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Reinstatement Insurance

dar100 · 2014-07-01 13:20:03

Hi, I have been quoted for 130,000 by valuation report on the property I have just bought, for reinstatement. On the report is states that this amount is for re-build, VAT, professional fee's etc. How much should I be looking to insure the property, will I need to go for the full 130,000? Sorry I know little about this…

01-07-2014 1:20pm

#1

dar100

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Hi,

I have been quoted for 130,000 by valuation report on the property I have just bought, for reinstatement. On the report is states that this amount is for re-build, VAT, professional fee's etc. How much should I be looking to insure the property, will I need to go for the full 130,000? Sorry I know little about this type of stuff.

Also, what company would be best to go with, and how much would I be likely to pay, weekly/monthly for this policy?

Thanks

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Comments

#2 01-07-2014 2:35pm

L1011

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Posts: 67843

130,000.

No one company is best for every circumstance - get quotes off as many as you can stand checking with.

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