Archive for the ‘Other – Home & Garden’ Category
Is home insurance dwelling coverage the amount they will actually rebuild?
Britney asked:
Assume my home insurance policy has $200,000 dwelling coverage, but my home is only worth $130,000. If my home burns down, will they rebuild up to a $200,000 home or only replace what my home was?
Assume my home insurance policy has $200,000 dwelling coverage, but my home is only worth $130,000. If my home burns down, will they rebuild up to a $200,000 home or only replace what my home was?
For example, if my current home only has 1 garage stall, would they build my new home with 2 garage stalls?
Timothy Friest




