What Is The Dwelling Amount On Home Insurance?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    This is the amount your home itself is covered for.  Generally you must be insured for at least 80% of the replacement cost of your home.  This is determined by calculations that insurance companies use based upon construction costs in your area.  Most companies require you to be insured for 100% of replacement cost.  This allows the company to completely rebuild your home in the event of a total loss.
    Answered on June 30, 2013
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