Recommendations for listed building insurance brokers and/or direct listed building insurers

[Kearn]

I’ve just been told pre-renewal by RIAS (low quote last year!) that my cover isn’t sufficient for my £1.2m G2 and I now need to get a chartered surveyor to run a valuation report for rebuild which is looking like £950. Is this usual? NFU asked for it. Would others (more usual suspects) need this too?

Yes you do need an accurate rebuild valuation, otherwise what are you insuring?

However, paying a grand for a chartered surveyor is silly, rebuild cost assessment were 180 a year or so ago, one of the go tos for the market.

Many will debate their accuracy etc, but check the terms, if there’s a shortfall if the worst happened, their liability would pick up the issues, not your wallet.

 

[Mr_Green]

Yes you do need an accurate rebuild valuation, otherwise what are you insuring?

However, paying a grand for a chartered surveyor is silly, rebuild cost assessment were 180 a year or so ago, one of the go tos for the market.

Many will debate their accuracy etc, but check the terms, if there’s a shortfall if the worst happened, their liability would pick up the issues, not your wallet.

Thanks.

Quotes ranged for a survey from £950 - £550 + VAT locally in Bath. Fortunately a friend is a RICS registered surveyor so he’s discounted his fee.

Now to the insurance shock shortly.

 

[Lucy&Gus]

Joining the party here...

I am looking for rebuild cost assesment, have contacted the LPOC on this and been sent the below information. I have had alook at a few helpful threads here and know that at least RCA have been mentioned positively. The first two am yet to find reference in posts.

Few questions I'd love to pick the hive mind brain about:

• Any experience with any of these companies?
• Anyone have comparable rebuild costs from desktop vs on site? (our vendor is being difficult and implying she doesn't want us to 'slow the process down' by having an in person - which quite frankly I am fuming about)
• Some of the below are RICS regulated, some aren't. Is this a big deal?

We are hoping to complete soon on Grade 2* - so the latter two in the list will have to be on site options only.

ISL (INSURANCE SURVEYS LTD)
Desktop valuations suitable for all Grades and up to a £2.5m Building Sum Insured and costs £120 plus VAT for LPOC customers (normal price £150).

CRITERION
Desktop valuations are suitable for all Grades, starting at £220 plus VAT. A 10% discount is available to LPOC customers.
On-site surveys suitable for all Grades, starting at £400 plus VAT.

BARRETT CORP HARRINGTON
Desktop valuations suitable for Grade II and Category B and up to a £2m Building Sum Insured and costs from £115 plus VAT.
On-site surveys suitable for all Grades, starting at £740 plus VAT.

REBUILD COST ASSESSMENT
Desktop valuations suitable for Grade II and Category B and costs £173.50 including VAT using code LPOC20. On-site surveys available for all Grades.