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anybody know of a good insurance company in broward county Florida. why is my home replacement value at over $420,000 but the home is value at $360,000 by the bank appraisal.
@woflmanworin wrote:anybody know of a good insurance company in broward county Florida. why is my home replacement value at over $420,000 but the home is value at $360,000 by the bank appraisal.
Unless your land is worth next to nothing or you appraisalinextremely low, something is wrong.
In my case, replacement value is like 2/3 of total appraised value and that had to be requested and included higher premiums.
We have an old house in an expensive neighborhood where people buy and bulldoze to build.
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