Calculating Your Rebuilding Costs
To calculate the rebuilding costs of your property, simply work out the square footage of your home and look up the Society of Chartered Surveyors in Ireland rebuilding calculator where you will be able to work out the current rebuilding costs.
Contents – a quick rule of thumb (used in the industry) is 50% of buildings but we wouldn’t recommend this method. Go room by room throughout the house and outbuildings and add up the new replacement value of all removable items including tacked down carpets. Note : make sure your policy covers “new for old” on contents.