Stuart Durland August 29, 2013 No Comments

Maintain Home Replacement Cost, Insure to Value — Part 2

Chubb Personal Insurance has sent out another of what should be a series of revealing documents that compares the actual value (replacement cost) and market value of a home. The document states the following: A New Jersey home was bought for $1,060,000 in 2004. In 2005, Chubb appraised the home for $1,502,340. To keep up with inflating construction […]

Michelle Dixon April 26, 2011 No Comments

Insuring Home to Value is Critical

Even with home values sliding, your home is still one of the most valuable assets that you own.  There are many ways and reasons to value your home to include market/resale  value, property taxation, new construction, or for mortgage purposes.  But for insurance purposes the reconstruction value is the most important. The many factors that influence the value of […]