My parents just received a renewal notice for their building insurance. They live in an apartment belonging to a block of 6 units. Total insurance cover is for $2,050,000. My 2 questions : 1) What is the square metre cost to re-build a 3 storey x 6 apartment block ? I know there is a rate for homes but I think it's probably different for buildings. 2) My mother is the treasurer and the property manager has asked for her signature before paying insurance company. Assume there is no legal issue with her signing to approve insurance renewal ? Cheers !