There are some simple ways that you can get help with working out the cost of rebuilding your home, including:
The Cordell Online Sum Insured calculator is a straight-forward online tool that provides estimated typical building replacement costs. Most of the questions asked can be easily answered by the homeowner, such as how many levels to the home? What are the exterior walls made of? There is a link to the Cordell Online Calculator on the AA Insurance website. It is important for you to be aware that the Cordell Online Calculator will only provide an estimate basedon typical building replacement costs, and the cost of replacing a home will depend on the specific details of the 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. It's important to note that the Sum Insured does not include the land, or what it would cost to buy your home. It is not correct to base the Sum Insured on the purchase price, rates valuation or QV of the home as these include the value of the land, and we don't insure land. It is also important to note that the market value of your home does not equate to what it cost to rebuild it.