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The value the home based on the cost to rebuild what you have. The pricing of homes for sale in the neighborhood have nothing to do with it. Even in a depressed real estate market the construction costs have not varied much if at all.
What else can I help you with?
What are the leading car insurance companies?
The leading car insurance companies are Liberty Mutual, Geico, Esurance, State Farm and Allstate. The main factors that determine the value of these car insurance companies is an excellent customer service, competitive prices and highly experienced staff.
What companies can provide a diminished value?
All insurance companies can provide a diminished value, except with commercial insurance it is almost impossible.
Can I get my house appraised in order to remove PMI?
Yes, you can get your house appraised to determine its current value and potentially remove Private Mortgage Insurance (PMI) if the value has increased enough to meet the lender's requirements.
Do insurance companies pay for replacement value or actual value when a vehicle is stolen?
Insurance companies ONLY pay for Replacement value when you have paid for an additional endorsement to insure your car for its "replacement" value. Otherwise, they pay Actual Cash Value, using blue books, fair market prices, your car's condition, i.e miles, etc, all of it is a factor to determine actual cash value, etc.
Where can one obtain high value contents insurance?
High value contents insurance is easily obtainable from most big named insurance companies. Companies that offer this type of insurance are Direct Line, John Lewis Insurance, and Hiscox.
Is it a law that insurance companies pay depreciated value?
no
What is average homeowners insurance?
Need more information value of house where in country etc..... i recommend you this site where you can compare quotes from different companies: mycheapinsurance.net
Do insurance companies use property cost estimating software?
Insurance companies usually use the property tax value when estimating a propertys value. Insurance estimating software will help them in the even of a loss to estimate the replacement costs.
Does insurance companies use replacement value for the car?
The Insurance Companies use ACV or Actual Cash Market Value. The ACV for any private passenger vehicle can be found at Kelly Blue Book.
How can one determine the cash surrender value of a life insurance policy?
The best way to determine the cash surrender value of a life insurance policy is to talk to the local insurance agent or call the insurance company direct. This can make the premiums go up however.
How does an insurance company determine the value of a stolen motorcycle?
A.C.V. (Actual Cash Value)and or (loan to value) blue books. Your purchase receipt will help determine the real value.
How much household insurance should you buy?
In order to determine how much household insurance you need, you first need to determine the value of your home, and the personal belongings you have in it. You can get an insurance agent to help you with it.
