Reinstatement refers not to the market value of the property, but what it would cost to rebuild using like materials and methods of construction. This could apply to anything from sourcing a specific building stone or roof tiles, to recovering historic fireplaces. That is why taking specialist advice is essential concerning the level of cover required.
If you require help to work out the value of your property, the link below will take you to an online calculator.
If you make a claim under your Buildings insurance, we will repair your home to the standard that it was before the claim.