So you should ask the insurer if the policy they are offering includes a guaranteed replacement cost provision. (homebuyinginstitute.com)
Under a replacement cost provision, the insurance company will pay a sufficient amount to replace the lost items based on retail cost. (goodfinancialcents.com)
If Coverage A increases (because the insurer has applied the extended replacement cost provision of the policy - i.e. the bid from the contractor to rebuild is MORE than the amount listed on the policy for Dwelling / Coverage A), the other coverages will also increase by specific percentages. (suzeorman.com)