Replacement cost is the amount it costs to rebuild a home or structure. This amount can also include demolition. This value can be significantly different than an appraisal. Reason being, the cost of materials to rebuild can outweigh a home or structure’s market value. When insuring a home or structure the insurance company needs to know the replacement cost. There are tools that our agents use to help approximate this value.
What our clients are saying.
“I loved working with Frankie to get quotes and sign up for insurance on our current house and our under-construction house. I am less happy to receive frequent emails from Steve Hull to “check in” when I have no issues of which I am aware, and the emails provide no information or even news about how Farmers Insurance is handling claims from hurricane Ian or other insurance issues in Florida.”
“Excellent Agent, efficient and very good support.Steven saved me quite a lot for my homeowner insurance.”
“Best insurance agency ever thank you so much!”