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