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Puneet Sood
Contributor
Posts: 31
Registered: ‎09-06-2017

How do we do the property valuation for home insurance?

How do we do the property valuation for home insurance?

1 REPLY 1
Shinoy Chenatra
Contributor
Posts: 24
Registered: ‎27-08-2017

Re: How do we do the property valuation for home insurance?

Property valuation is done by multiplying the built up area of the property with the cost of construction per square feet.

 

Currently the cost of construction is taken around 1500 to 2000 depending on the location of the property and type of construction.