ByMe.co.uk

Askew family blog.

Friday, August 04, 2006

Insurances from MoneySavingExpert.com

Insurance article

Hiscox calculated amount to be c£100k

ABI rebuilding cost calc:

ABI / BCIS HOUSE REBUILDING COSTS
CHECKING YOUR SUM INSURED CALCULATOR RESULTS

Base date: July 2006
External floor area: 112 m2
Type of property: Semi-detached house
Age of property: 1920 - 1945
Regional Group: North East, North West, South West, West Midlands
Rebuilding cost from ABI table: £ 1,043 per m2
Rate multiplied by area: £ 116,816
Adjust for inflation from January 2006 to July 2006 : £ 4,610
Approximate rebuilding cost of house: £ 122,000
Addition for garage: £ 5,000
Addition for other items: £ 0
Total: £ 127,000

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