You don''t have to insure to the full market value. you bought a house 2 years ago with 1 million, house costs about 0.4 million to rebuild and you get insurance for 1000/year now the house price is 2 million, and it only costs 0.44 million to rebuild, do you pay 2000/year? no, you should only pay 1100/year. you only insure to the rebuild value, not the market value. and you can choose to insure to 90% of the rebuild value with is still 0.4 million and stay 1000/year it is your choice.
我去,看来有责任心的人群就该倒霉啊
you bought a house 2 years ago with 1 million, house costs about 0.4 million to rebuild and you get insurance for 1000/year now the house price is 2 million, and it only costs 0.44 million to rebuild, do you pay 2000/year? no, you should only pay 1100/year.
you only insure to the rebuild value, not the market value. and you can choose to insure to 90% of the rebuild value with is still 0.4 million and stay 1000/year
it is your choice.