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Old 04-17-2021, 10:24 AM   #151
Cookiemonster1
Eight Point
 
Join Date: Dec 2013
Location: burnet
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Makes sense Pineywoods
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Old 04-18-2021, 02:22 PM   #152
Bill
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Join Date: Oct 2006
Location: Bozeman, MT
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Quote:
Originally Posted by Pineywoods View Post
Are the inflated home building costs affecting home insurance prices yet? If a house was destroyed in a fire for example, it could cost $100k more to replace the home versus a year ago. I'm wondering what kind of adjustments they are or will be making.

My understanding is your homeowners policy has a $ value. That’s what you’d get in a total loss. Costs more- you’re hosed.

I pay extra premium for coverage with actual replacement costs. A property casualty agent please chime in.


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