building costs
High building costs highlight need for proper home insurance
Submitted by byrnie on Fri, 2011-12-09 08:28A new South African survey has revealed that it is almost 30% cheaper to buy an existing house than rebuild one. As a result, it is vital that homeowners consider the rebuild cost when insuring their property, rather than the market value, as they may otherwise be left severely underinsured following damage to their property.
A new South African survey has revealed that it is almost 30% cheaper to buy an existing house than rebuild one. As a result, it is vital that homeowners consider the rebuild cost when insuring their property, rather than the market value, as they may otherwise be left severely underinsured following damage to their property.
MUA has received the following coverage, click on the links below to read the full story:
High building costs highlight need for proper home insurance
Source: FANews
Rebuilding could cost more than a new home
Source: IOL
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