About the Author
At Assetsure.com you can find out more about home building insurance uk and understand some basic building contents insurance principles.
(ArticlesBase SC #210812)
Article Source: http://www.articlesbase.com/ – Property Insurance UK – How Much to Insure your Building For?
One of the biggest problems relating to the insurance of Home buildings relates to the sum insured, this is the actual figure or amount that is listed on your schedule of insurance and is the maximum amount that an insurance company will pay out in the event of a claim. However, many people have problems in calculating their sum insured and there is a lot of confusion relating to what amount to state.
The main area of confusion relates to the relationship between the market value of the property and the rebuilding or reinstatement cost, basically there isn’t one. The market value of the
Leave a Reply