Sentences with phrase «because rebuilding cost»

This is critical because rebuilding cost increases every year.
Of course that does not explain the entire difference because rebuilding costs are also quite a bit higher in San Francisco.

Not exact matches

Rebuilding exports by devaluing the RMB, by forcing down wages, by reducing interest rates, or by any other subsidy of production costs effectively reverse the rebalancing process, and it is precisely because of the deep imbalances that Beijing is in the position of being forced to choose among the three outcomes.
Think about what's happening here in Manchester, projects to rebuild 10,000 homes in run - down areas axed, # 560m of transport schemes scrapped, sweeping cuts at Bolton, Salford, Trafford and Rochdale councils, 150 firefighter jobs at risk in Greater Manchester Fire Service, # 7m of cuts in the police force, up to 1,000 NHS admin jobs in danger and a local breast cancer helpline, that has taken 80,000 calls since it was set up, about to be closed, because health trusts will no longer foot the # 63,000 annual running cost,» he said.
We then found ourselves faced with the bill of several hundred billion dollars in insurance losses and the cost of rebuilding a major city, not to mention the couple of thousand of dead Americans — all because we didn't want to spend the couple of hundred million dollars to solve the problems of the dikes around New Orleans.
What about the cost of making required upgrades on the entire building if he has to rebuild part of it because your negligence led to a fire?
Because of this, the ACV likely won't cover the entire cost to rebuild your home with new materials.
Even if you have renter's insurance, you'll find home insurance costs more because you are paying for the ability to rebuild your home in addition to replacing your personal possessions.
Not paying your homeowner's insurance premiums also puts the lender's collateral at risk, because if your house burns down there's no insurance to pay the costs of rebuilding.
If the dwelling is relatively recent construction, the replacement cost is often less than what is paid for the dwelling because you already have the land and it's just the price of rebuilding.
The best home insurance calculators take up to 15 minutes to complete because you're getting a more personalised estimate of what it will cost to rebuild your home if it is destroyed.
The actual value of your home (which may be less than the cost to rebuild because of possible depreciation over time).
The standard homeowners policy also isn't appropriate for certain high - value or historic homes because of potential coverage gaps or the cost of rebuilding a historic structure.
If your house is destroyed, it will cost less to rebuild the house than it would to purchase the house because you are not paying for the land.
Because of high building costs, it will cost Johnny $ 600,000 to rebuild, which is more than the sum - insured on his policy.
Because the garage foundation had to be moved, his insurance company offered him just $ 6,000 towards the $ 30,000 cost of rebuilding.
«Total replacement» policies have a lower risk of underinsurance because the insurer agrees to either rebuild your building to the standard it was in before it was damaged or destroyed, or pay you the assessed cost to rebuild.
Other Structures Coverage (Coverage B) is the portion of your home insurance policy that covers the cost of rebuilding or repairing structures on your property other than your home if they're damaged because of a covered peril such as fire, wind, or hail.
Yes, it costs more to rebuild after a hurricane than it used to, but this is because more people live in locales that are vulnerable to hurricanes — and their homes are bigger and fancier than they used to be.
What about the cost of making required upgrades on the entire building if he has to rebuild part of it because your negligence led to a fire?
So the policy the condo owner has offers far less coverage on the structure, because it costs far less to rebuild since much of the work is already done.
Mobile home policies are generally less expensive than traditional home policies because manufactured homes cost much less to rebuild if a catastrophe, such as a tornado, destroys them.
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.
Replacement cost insurance ignores depreciation, so you can rebuild and repurchase your house and possessions at their original value (which may still be difficult with your possessions because of inflation).
For example, if you've just purchased a derelict home that you intend on tearing down to rebuild, you will want to insure it on an actual cash value basis because there is no point in getting replacement cost (see our Q&A on How Should I Insure a Vacant Building to learn more).
The truth is that home insurance premiums have been rising in the last few years because of factors such as increase in weather - related claims and rebuilding costs.
It can cost more to rebuild because of inflation or simply because material prices have increased.
It's perfectly reasonable for the landlord to require you to carry $ 500,000 renters insurance, because he wants to make sure you're able to cover not only the cost to rebuild the asset, but also the additional costs that would be associated with that loss.
If the dwelling is relatively recent construction, the replacement cost is often less than what is paid for the dwelling because you already have the land and it's just the price of rebuilding.
Because estimating rebuilding cost isn't an exact science, Country Financial offers
Clinical psychologist Dr. Janis A. Spring, author of «After the Affair: Healing the Pain and Rebuilding Trust When a Partner Has Been Unfaithful,» suggests accepting those restrictions as you work to regain her trust because they are «low - cost» behaviors that are less emotionally - charged, but still effective in helping to restore broken trust.
«They can't afford to sell because their mortgage is high, and they can't rebuild since the insurance doesn't cover the whole cost of the rebuild.
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