Self build insurance over £1 million

[PSC88]

Hi

 

Im looking for recommendations for my self build insurance my surveyor and mortgage company require cover for rebuild cost for £1.8 million

 

Most insurers online quote a max £1 mill rebuild cost

 

protek are quoting me just under £4k for 12 months this seems steep

 

any other recommendations or brokers?

 

[Russell griffiths]

How long will you need it ?

insuring 1.8 for a premium of £4000 is not a bad rate, it’s a fairly high risk area. 
does that cover public liability and other stuff. 
if your going to be finished in a year or two that’s a small percentage of build cost. 
mine was only £1200 a year but i renewed it 4 times. 

[Conor]

That's a good price. 0.002% of your build cost....