Policy Pointers

Can I get Replacement Cost Coverage on my dwelling?

Yes, but your dwelling must be insured for 100% of replacement value. Replacement value means the cost to replace your home excluding the land and foundation. If you have the Replacement Cost Endorsement on your policy, the insurance company will pay the full cost of replacement up to the policy limit. If you have a newer home, you may be offered a guarantee to replace your house even if it costs more that the policy limit.

Want to know more? Contact one of our professionals, call (319-338-1135) or e-mail our office, or use our online form to send a question.

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