ow much do I need to insure my home for?
For Buildings insurance, you should insure your home for its full rebuilding cost i.e. how much it would cost to rebuild if it was totally destroyed. This is different to the market value of your home You can find your home’s rebuilding cost on the Valuation Report or Survey you had done when you purchased the property (although if it is more than a couple of years old it almost certainly needs to be increased to take account of inflation) For contents insurance, you should insure the contents of your home for how much it would cost you to replace them new today. Should you need any help calculating these we will be more than happy to help.
