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.
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“I was in need of a business policy FAST and Adam did just that. I was beyond excited and impressed that he was able to make this happen. It was also SUPER reasonable! We have since changed all our policies over to him and saving a ton of money every year! Thank You Adam!!!”
– Missy R.
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– Greg G.
