We are open with your safety in mind. We encourage you to reach us by phone or online.
For customer service and all business enquiries, call +1 441 295 5566  |  For website support or to set up an online account, call +1 441 298 0301
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The application process for the one-time Pension Withdrawal of up to $6,000 per the COVID-19 Pension Act Amendment is open. Click here for details or to apply
For questions regarding the pension withdrawal, call +1 441 298 0358 or email customercare@bfm.bm

Back to FAQs

Is true replacement cost of my home the same as market value?

Not necessarily—there’s likely a considerable difference between market value and the true replacement cost of your home, which refers to the amount it would cost you to rebuild your home from the ground up if it were to be destroyed, including materials and labour. Market value represents the amount a potential buyer would be willing to pay to purchase your property in its current condition and takes other factors (like location) into consideration.

Visit our Understanding underinsurance page to learn more.

More Home FAQs

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