Will My Home Policy Cover The Costs Of Bringing My Home “Up To Code”?
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Jul 15, 2021
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
A few policies include a building code endorsement that pays the costs of an upgrade. In most cases, though, home insurance policies simply cover the amount of the loss. The big difference in policies is between an “actual cash value” policy and one that covers the “replacement cost” of the lost or damaged property. In this context, the additional cost for a “replacement cost” policy is well worth it.