Building Valuation

Your home is probably your biggest single investment so it's of vital importance that you insure it for its true value. It is always best to ask a qualified builder or valuer to advise you on the correct value for insurance purposes.With RAA Building Insurance your home is insured up to its replacement value.

A guide on how to calculate your building replacement value:

Take the outside measurements of your home and multiply them to get the area, for example, 20m x 8m = 160 sq m.

Remember to add upper floors and basements.

For open areas, for example carports and verandahs, add only half the actual area, as rebuilding costs are half.

Building Contents Summary

Property Details$ 0

House Type

Construction Type ?

Brick Veneer Full Brick

Standard ?

Medium Standard High Standard

House Dimensions ?

Area (m2)

Additions

Pool

$

Fencing

$

Outbuildings ?

$

Your Building Total $ 0

To assist in the assessment of the value of your contents, simply complete the contents valuation form by entering your estimate next to all of the different types of contents listed.

For RAA Contents Replacement Policy, use full replacement value (new for old) for all furniture, furnishings, home electrical applicances and other items.

Add another category

Your Contents Total $ 0

Based on the information you provided, you should insure your building and contents for the following:

Total$ 0

Building

$ 0

Contents

$ 0

Building

Contents

Summary

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