Cordell is an independent company that provides building replacement cost calculators that have been in use overseas for several years. Cordell has created a New Zealand version of its building calculator. The Cordell Sum Sure Calculator uses typical building replacement costs derived from Cordell's industry research to provide an estimated building replacement cost. The Cordell Online Sum Insured calculator does not take into account every possible feature of a home - it only takes into account the features and information that it asks you, the customer, to input.
Cordell will only provide an estimate based on typical building replacement costs and the cost of replacing your home will depend on the specific details of your home.
You are responsible for deciding whether the estimate provided by the Cordell Online Calculator is right for you to use it as the Sum Insured for your home.
The Cordell Online Calculator does not provide advice. If you want advice on the cost of replacing your home you should contact a builder, architect, quantity surveyor or other valuation expert.