What does replacement cost mean in hazard insurance

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By market value, I mean the cost of the improvements (i.e. structure) not including the land. And by replacement home, I mean exact an duplicate of the destroyed structure. Lets say that this is a historic district with strict building and demolition codes, making new construction much more expensive than buying an existing home.
I suggest one to visit this internet site where you can get rates from the best companies: http://insurequotes.xyz
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What does 'replacement cost' mean in hazard insurance?
By market value, I mean the cost of the improvements (i.e. structure) not including the land. And by replacement home, I mean exact an duplicate of the destroyed structure. Lets say that this is a historic district with strict building and demolition codes, making new construction much more expensive than buying an existing home.
I suggest one to visit this internet site where you can get rates from the best companies: http://insurequotes.xyz
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What does 'replacement cost' mean in hazard insurance?
By market value, I mean the cost of the improvements (i.e. structure) not including the land. And by replacement home, I mean exact an duplicate of the destroyed structure. Lets say that this is a historic district with strict building and demolition codes, making new construction much more expensive than buying an existing home.
I suggest one to visit this internet site where you can get rates from the best companies: http://insurequotes.xyz