Listed Building Insurance - Again!

[MatthewC]

Alas, that's the way it is.
And not only Home insurance, but all the Property insurance classes of which I'm aware. If they deem you to be underinsured, they'll knock down the claim proportionately.

Not quite. The church here is insured, like most in the UK, with Ecclesiastical Insurance who take a different view of percentages. I was told that we had 75% insurance cover (of the cost for a total rebuild) and asked why it wasn't 100%. The answer (AIUI) is that they know (from their experience) that in the event of a fire, they will NOT be demolishing the remains of 900 year old Grade I listed limestone building, but that there would be a substantial part left to help the rebuild. In the same way, if you have an unlisted church which is almost redundant, then 25% insurance is adequate to demolish and make good the site, as you won't be rebuilding (I forget what 50% gets you); however, if you have a newish church in brick then you probably need 100%. A much more pragmatic way!

Matthew

 

[88v8]

Not quite. The church here is insured, like most in the UK, with Ecclesiastical Insurance who take a different view of percentages.

OK. so, FF, do you have a chapel??

Ivor

 

[ElectronicFur]

I just used the rebuild value as provided by the mortgage company's surveyor. Which was almost double the market value. I used Aviva, who didn't ask too many questions compared to some others.