Why doesn't my home's market value match my insurance coverage?
It's a question I often hear from Houston homeowners!
Market value reflects what a buyer might pay, including land and demand.
Replacement cost reflects what it would cost to rebuild your home's structure at today's prices, excluding land.
Your rebuilding cost may be higher or lower than market value. Neither automatically means your coverage is incorrect.
Two important coverages to review:
✅ Additional Replacement Cost: Helps with rebuilding costs exceeding your dwelling limit.
✅ Ordinance or Law: Helps cover required building code upgrades after a covered loss.
These protections aren't always included automatically. Coverage varies by policy.
As an independent insurance advisor, I help homeowners understand their coverage, identify gaps, and protect what matters most.❤️
When was your last home insurance review? Let's connect!
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