The rebuild cost is the total cost of the work needed to completely rebuild your property and put it back to the condition it was in before if it was destroyed beyond repair. It’s not the same as the market or resale value of the property.
If you’re not sure of the rebuild cost, a calculator is available when you get a quote with us. It uses data from the Building Cost Information Service (BCIS) provided by the Royal Institution of Chartered Surveyors.
The BCIS can’t provide rebuild costs for all properties – in particular it can't provide the value for a flat - so the calculator button might not appear, or you might not see any values when you click on the button.
If the BCIS can’t provide you with a value, you can get your rebuild cost from a qualified surveyor, your mortgage adviser or letting agent, or if you’ve recently had a property survey.