Insurance on block of flats

[colinc57]

Hi

anyone able to give me a rough guide on working out the rebuild of a small block of flats

5 flats in a 3 storey 1970-'s block, flat roof - say 15m X11m ground area
( only one flat on ground , as the storeys above overhang a driveaway)

[Jonboy]

£100 per inch x the length of your string, the shorter the string the cheaper the insurance, does that hel(hicup)p, i shouldn't go online when i come in form the pub shopuld i?

[Jonboy]

http://abi.bcis.co.uk/ is the bset i can do, if i'm not tkasing the michael

[tenant29]

Hi

anyone able to give me a rough guide on working out the rebuild of a small block of flats

5 flats in a 3 storey 1970-'s block, flat roof - say 15m X11m ground area
( only one flat on ground , as the storeys above overhang a driveaway)

The rebuild cost should be calculated by multiplying the floor area x a rate given in the quarterly BCIS journal ( published by RICS ). The rate also depends on the site location as London weighting is x % higher .

A VERY VERY rough guide may be 1000 pounds per sq meter but for purchasing building insurance purposes , you should ask a company having Chartered Surveyor to provide a current valuation.

[colinc57]

Thanks- thats the best I had already come up with, could not find flats on the the BCIS site , and woundered if they came out a lot different