tag:blogger.com,1999:blog-1693777272950160088.post7349941863249297370..comments2023-12-24T06:12:56.117-05:00Comments on Herb and Botanicals Homestead : Last Week's FrugalityLisahttp://www.blogger.com/profile/08673831016296504795noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1693777272950160088.post-4707401103715610252014-04-06T15:40:41.599-04:002014-04-06T15:40:41.599-04:00We just switched insurance companies and I learned...We just switched insurance companies and I learned that, if something catastrophic did happen to our home such as some part or all of it burning down, when we rebuild it has to be done at the current codes for our county. It was explained to me that, as our house is 13 years old, codes on various things are stricter than when it was built. Therefore, the cost to rebuild with the current codes could mean extra costs beyond the actual building costs. More expensive wiring perhaps, or plumbing, just the permits costing more than when it was built. So I do agree with the above poster, it could be very expensive to rebuild! More than we realize! Good luck to you in your decisions!gypsyelveshttps://www.blogger.com/profile/02119606011737569693noreply@blogger.comtag:blogger.com,1999:blog-1693777272950160088.post-83577634458345346672014-03-31T13:15:04.831-04:002014-03-31T13:15:04.831-04:00Hi
Having lost a home to Hurricane Sandy, it is my...Hi<br />Having lost a home to Hurricane Sandy, it is my opinion that you should not reduce your insurance. Replacing a home is very expensive and there is more to it than just the structure. There is demolition of the remnants of the old, permitting for the rebuild as well as obtaining plans for a rebuild in the case of a total loss among other things. I don't think you can ever have too much insurance... I wish I had more... Best to you.Anonymousnoreply@blogger.com