Many people typically underestimate the replacement cost of their home and contents when they arrange insurance cover. It is up to the applicant to nominate the replacement sum insured during the insurance application process.
In an effort to help our clients with this part of the process, we have made available a range of calculators from Reed Construction Data and Sum Insured that can be used as a guide to estimate the replacement value of home and contents.
Clients can select a calculator from the range below that best suits their needs.
Express Building Calculator
Designed for people in a hurry! By answering a short series of questions about their home, the Cordell Express Residential Valuer will provide our clients with a building replacement cost estimate. This estimate is derived from the Reed Construction Data building cost database, based on industry averages and developed over a number of years.
Full Building Calculator
Designed for people looking for a more complete estimate, our clients just answer a comprehensive series of questions about their home and the Cordell Residential Valuer provides them with a building replacement cost estimation report. This estimate is derived from the Reed Construction Data building cost database, based on industry averages and developed over a number of years.
If our clients need an estimate on the contents value in their home, this calculator is a tool to help them. They just answer a series of questions and the Contents Valuer provided by Sum Insured will provide them with a Contents replacement cost estimate.
*Typical building replacement costs are provided by Reed Business Information Pty Ltd (A.B.N. 47 000 146 821) trading as Reed Construction Data ('Reed') and typical building contents replacement costs are provided by Sum Insured Pty Ltd trading as Home Contents (A.C.N. 099 322 308) ('SI'). Whilst every care is taken to ensure the accuracy of the information as a guide for costing, no responsibility is accepted by either Reed or SI for its accuracy. Please check with an Architect, Builder, Quantity Surveyor, Valuer or other suitably qualified professional for an accurate estimate. Auto & General Insurance Company Limited takes no responsibility for the costs provided by Reed or SI nor any liability for the accuracy of or reliance upon or use of, the costs. Before deciding to purchase any product you should calculate the actual replacement cost of your home and or contents, (as the calculators contain general information only and may not suit your particular circumstances) and read the relevant Product Disclosure Statement available from us.