Insurance Questions

Im shopping for insurance at this time as well. Tried Terri Scheer and I can get their Landlord policy but they dont do building insurance for properties in WA above the 26th parallel.....which South Hedland is.
Now to try a few other places. Anyone in the forum have a property in Hedland thats willing to advise who they do building insurance thru.
Cheers
Tom
 
I mean this house was built in 1960, I have no idea how much it would cost to build it now?

As a rule of thumb,
Measure your house in size M2.
Approx $1000 per metre square replacement costs.
EG: 200m2 house = $200,000
Remember this is a basic house,better quality build $1500 metre to be safe.
 
And if its in Pilbara or really remote type area or mining boom area, double it.....
Got a quote from EBM today for building and landlords insurance, $1130 all up and thats allowing for the rent being over $1k per week. Heck of a lot better than CBA wanting $4k.
I am insuring the house for $450k even tho paying $650k for property I know the land is far and away the biggest part of that price. Building in Hedland runs at around 450k to build a standard 4/2/2 house so 450k for a 3/2/2 including bulldozing and removing should be close I think.
 
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