With all of the recent
Recent catastrophes prove that rebuilding costs can dramatically increase when there is a spike in demand.
Do you know how much it will cost to rebuild your home? Many Californians are surprised to learn that the market price of their home is typically less than the cost to rebuild it.
For the one-time cost of $75, we design a personalized, 5 page estimate that provides you with the current cost to rebuild your home - in the event of a standard loss and what it might look like after a disaster.
Because there are so many variations of homes and insurance policies, this report is only intended to provide you with data. It cannot be seen as a true estimate derived from building specifications. It is designed to give a property owner a solid idea of the cost to rebuild. We recommend any property owner discuss the findings with their insurance agent, legal team or financial adviser to be certain their holdings are properly insured. For a more detailed report needed after a disaster or loss, please see our Scope of Loss section.
Many Californians believe their home is properly insured. But in most cases, a software program that uses national cost averages was used to come up with coverage amounts. Would you say the type of home and area you live in is average cost?
Often, it is only after a disaster when folks learn their coverage amounts were too low. According to a 2018 United Policyholders survey, up to 75% of area homeowners were not properly insured for the wildfires in Sonoma and Napa County in 2017.
California is one of the costliest place to build a home in America. Code changes, real estate values, seismic activity, and labor costs all keep building pricey. After a disaster, a “Demand Surge” can set in and raise the costs to build by 20-50% above pre-disaster figures.
Use this detailed report with real time data from a licensed contractor so that you can work with your financial and insurance professionals to be assure your most valuable assets are properly insured.