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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,769
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When thinking about adequacy of insurance coverage, recall the amount is the rebuild cost not the property value, much of which is the land not the structure. Even assuming $700/sf which is utterly exorbitant, rebuilding a 3000 sf house should only be around $2.0MM ish, even if the house was valued at $4.5MM.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
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