Sentences with phrase «materials cost of rebuilding»

Think about floodplains and tornado alleys and so on, and the energy and materials cost of rebuilding saved by depopulating those areas.

Not exact matches

«If the president and Congress are serious about rebuilding the nation's aging infrastructure, it is vital to avoid artificially pushing up the cost of materials that go into these projects,» Stephen Sandherr, chief executive of the Association of General Contractors, said in a press release.

Because of this, the ACV likely won't cover the entire cost to rebuild your home with new materials.

This type of policy may cover the cost of rebuilding features of an older home, such as plaster walls, with alternative materials more commonly used today.

Added costs of rebuilding a damaged or destroyed building where local laws require the use of more expensive materials, services or methods than the original.

Replacement cost pays to rebuild your home or repair damages using materials of similar kind and quality.

Some insurance companies have refused to pay policyholders for a general contractor's overhead and profit (O&P), which is typically 21 percent of the estimated material and labor costs, when policyholders decide not to rebuild or repair their homes.

With the Farmers Eco-Rebuild option, in the event of a covered loss, you can receive up to $ 25,000 for extra costs to rebuild, repair, or replace with green contents and materials.

Most mortgage lenders require you to carry the replacement cost of your property, which would allow you to rebuild it using comparable materials to the current ones.

It's important to include the value of those updates and materials in your coverage estimation, since it may cost more to replace or rebuild those features made with new materials or specialized labor.

Insurers often factor the type of roof and quality of material into their rebuild costs.

Replacement cost is the amount it would take to replace or rebuild your home or repair damages with materials of similar kind and quality, without deducting for depreciation.

This type of policy may cover the cost of rebuilding features of an older home, such as plaster walls, with alternative materials more commonly used today.

Added costs of rebuilding a damaged or destroyed building where local laws require the use of more expensive materials, services or methods than the original.

Most homeowners want a policy that will cover the costs of rebuilding their home with the current quality of materials or replacing their home of similar value.

A policy that covers replacement cost — rebuilding your home with new materials of similar quality — will be more expensive than one that pays actual cash value, which considers the wear and tear of your home as it currently sits.

It can cost more to rebuild because of inflation or simply because material prices have increased.

After many years, replacement cost would rebuild the home to the same specifications, even though the cost of the materials may have doubled or even tripled.