Is there a formula or something that should be used?
Bought 2011 @ R910,000.00
Prop IQ 2015 (high) @ R1,400,000
Prop IQ 2015 (average) @ R1,200,000
Prop IQ 2015 (low) @ R1,070,000
My building insurance is sitting at R1,000,000 - which seems too low?
Wasn't there a figure that was multiple by land area / floor area or something?
Bought 2011 @ R910,000.00
Prop IQ 2015 (high) @ R1,400,000
Prop IQ 2015 (average) @ R1,200,000
Prop IQ 2015 (low) @ R1,070,000
My building insurance is sitting at R1,000,000 - which seems too low?
Wasn't there a figure that was multiple by land area / floor area or something?
