Residential Valuation

Residential valuation is the process of determining the “Total Replacement Cost” of a home’s structure. Unlike a real estate appraisal, which looks at market value, insurance valuation focuses solely on the cost of labor and materials required to rebuild the home from scratch. In the volatile economy, accurate residential valuation is critical to avoid “Coinsurance Penalties,” as soaring construction costs can leave many homeowners significantly underinsured.