The value the home based on the cost to rebuild what you have. The pricing of homes for sale in the neighborhood have nothing to do with it. Even in a depressed real estate market the construction costs have not varied much if at all.
most use independent companies to avoid being sued, or state recognized resources. there are companies called ccc and autosource that run your vehicles make model adn year with mileage, options and...
It is mostly based on how much other homes in the area has sold for the condition of the house and bed rooms bath rooms ect... Its not rocket science I used to be a real estate agent its just a...
You should contact your Michigan state Department of Insurance or it's equivalent. They would govern insurance regulations in your state. There are most likely many thousands of pages of law...