Quote:
Originally Posted by UncleWede
I was told (by my agent) that since 2x4 now cost a lot more, my house won't be rebuilt. What do I need to look for to protect myself from continuingly rising raw material charges?
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you agent told you you're house won't be rebuilt? whaaaaaat?
first, take a look at your policy. is it replacement cost value, or actual cash value? any coinsurance requirements? special causes of loss or basic? report back with some more inforamtion..
is the dwelling value enough to rebuild your home? if not, make your agent aware of this.