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Are you stuck with the replacement value set by the insurance broker - the amount seems exhorbitant and an attempt by the company to increase their rates unreasonably - do you have a recourse?
Wiki User
∙ 13y ago
hire a licensed contractor to assess the replacement cost of your home - then discuss with broker and or company directly
Wiki User
∙ 13y ago
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What is the replacement cost to rebuild a home in Woodland Hills Ca 91364?
$42,545.95 My answer is as useless as the question is, right? Your insurance agent can figure the approximate replacement cost of your home using a replacement cost computer program guide. The replacement cost estimators that the insurance industry use will overestimate the rebuilding cost somewhat but they would much rather be 10% high than 10% low on the cost estimator. If you have a replacement cost policy it will increase your coverage a small amount each year based on an index that figures any increase or decrease in replacement cost down to your exact zip code.
Why would your insurance increase?
what insurance?
Do insurance companies sell insurance for lost cell phones?
There are companies that will sell consumers insurance for their cell phones. Typically the continued cost of insurance would out weight the cost of a phone replacement, unless it is a frequent occurrence. As with other insurances, the frequent claims against your insurance will increase the rates or cause you to be dropped from coverage.
How much do insurance rates increase after claim?
How much increase auto insurance after claim
How do I increase my insurance policy?
Contact your insurance agent.
Does adding a bedroom to your house cause homeowner's insurance rate to rise?
Adding onto the home will not make you rate increase by itself. However, you probably will have to increase the amount of coverage you have to reflect the increase in replacement cost. I would suggest that you contact your insurance agent and explain that you have added onto the home and ask them to see if you have enough coverage. If you do not have coverage equal to a certain percentage of the replacement cost you can be penalized on any claim in the future. This depends on what type of homeowner's policy you have and how much coverage you have. This is not something you want to find out after a kitchen fire.
How much will the insurance on my cars increase after a ticket?
There are several different factors that cause an increase in insurance. Tickets dont always cause an increase in insurance unless they are pretty serious tickets.
Will your insurance increase due to failure to observe traffic signal in new jersey?
Your insurance will eventually increase when they review your account but probably not right away. Every point you get on your license can increase your insurance.
How much will your insurance increase with 8 points for speeding?
your insurance willl increase by 2,000 pounds with 8 points on your license
Are insurance agents high in demand?
Yes; the demand for insurance agents is expected to continue to increase in the future, based on the increase in variety of products. In addition, growing population leads to an increase in demand for various types of insurance.
If you have 2 points on your license for speeding in Ohio how much will Insurance increase your premium?
The increase in your insurance payments vary from company to company. Call your insurance agent, they can give you an estimate.
Does your home insurance increase if a car crashes into your wall?
No, but whoever was driving the car...his insurance cost will increase! It is the insurance on the car that crashes thru the wall that has to pay the claim. 4lifeguild
