Last Updated on April 29, 2021
Make sure to find a policy that covers the replacement of the contents and structure, along with the cost of living in another place while your house is being repaired. You have to understand that the cost of rebuilding doesn’t include the land’s cost because you already own it.
Based on the age of your house and its amenities, the cost to replace it might be less (or more) than the price you paid before. Just do your homework and find out how much money local builders would charge per square foot.
