You have homeowners insurance, a loss occurs and you still don’t have the money to rebuild your home.
Your agent tells you that you have Replacement Cost coverage. There Are four different ones but only one provides a guarantee. Which one do you have?
Your municipality enforces their regulations that make you take down the undamaged portion of your home and to rebuild the entire home and/or upgrade to meet the newer codes. Does your policy cover this?
If you don’t have enough money to replace your home after a major loss, how much will you lose if the insurance company depreciates your home value?
All Homeowners policy are not the same. Concerned? Call us and let’s get rid of your homeowners surprises.