Get a free, quick, and reliable estimate of rebuilding costs for insurance — includes contingency, professional fees and VAT breakdown.
Ensuring your home is properly insured requires knowing its true rebuilding cost. Our Rebuilding Cost Calculator for Insurance Purposes is designed to help Irish homeowners estimate how much it would cost to fully rebuild their property. This includes base construction, contingency, professional fees, VAT, and other costs. By using this tool, you can avoid underinsurance and make confident decisions about your policy. Get a free, quick, and accurate estimate of your home’s rebuild cost for insurance. For more property-related tools, check our Mortgage & Property Calculators hub to plan smarter.
How the Insurance Rebuild Calculator Works
1. Enter Your Home’s Size – Add the total floor area in square metres.
2. Select Build Quality – Choose standard, high spec, or luxury finishes, which affect the cost per m².
3. Apply Location Factor – Dublin and major cities have higher rebuild rates than rural areas.
4. Add Insurance Allowances – Include contingency (unexpected expenses) and professional fees.
5. VAT and Extras – The calculator adds VAT on works and lets you include extra costs like debris removal.
6. Get Instant Results – See your total insurance rebuild estimate in seconds.
You can also go through - House Rebuild Cost Calculator
Why Accurate Rebuild Costs Matter for Insurance
Avoid Being Underinsured
If your insurance cover is set too low compared to the actual rebuild cost, your claim payout may not cover the full expense of restoring your home. Many homeowners in Ireland fall into this trap, leaving them responsible for large unexpected costs.
Prevent Overpaying on Premiums
On the other hand, if you overestimate your rebuild value, your insurer may charge higher premiums than necessary. This means you could be paying hundreds of euros extra every year without any added benefit.
Insurance Company Requirements
Irish insurance providers often require a rebuild estimate based on professional guidelines, not just market value. An accurate rebuild figure ensures your application is accepted without delays and your cover is fully valid.
Financial Peace of Mind
Knowing your insurance rebuild cost gives you confidence that your policy will cover you in the event of fire, flooding, or structural damage. It allows you to rest easy knowing you won’t face a financial burden during stressful times.
Better Long-Term Planning
Accurate rebuild estimates aren’t just for insurance—they also help when budgeting for renovations, long-term property maintenance, and financial planning for the future.
Additional Information on Rebuild Costs
Building Materials – Timber, steel, and concrete costs can fluctuate and affect estimates.
Labour Costs – Skilled trade rates differ across Ireland, with Dublin typically being higher.
Property Size & Design – Larger homes or those with premium finishes increase rebuild costs.
Regulations & Compliance – Irish building codes and energy-efficiency rules add to costs.
Location Adjustments – Urban rebuilds are more expensive than rural properties.
FAQs – Insurance Rebuild Cost Calculator
1. What is a rebuilding cost calculator for insurance purposes?
It’s an online tool that estimates the full cost of rebuilding your home in Ireland, including fees, VAT, and extras.
2. Why is rebuild cost different from market value?
Market value includes land; rebuild cost covers only construction and related expenses.
3. How accurate is this calculator?
It gives a reliable guide using average Irish rates, but professional surveys (e.g., SCSI guidance) provide precise figures.
4. Do I need to update my rebuild cost regularly?
Yes, costs change over time due to inflation, labour, and material price increases. Review your rebuild value every 2–3 years.
5. Can this calculator be used for all properties?
Yes, but complex or unique homes may require a surveyor’s detailed assessment.