Buildings Sum insured
Note - The Building Sum insured does not represent the market value of your house.
It represents the reinstatement value and is calculated by working out the total cost of rebuilding your property including construction costs, architects fees, surveyors fees, site clearance fees and any other associated building costs.
If you are unsure of how to calculate the rebuilding cost, it is advisable
to contact a Chartered Surveyor who will be qualified to advise you in this
area. In addition you can review advice on the website of the Society of
Chartered Surveyors (SCS) at www.scs.ie.