Re: Hurricane Season/Insurance Question

In article
<1185627647.967967.107760@xxxxxxxxxxxxxxxxxxxxxxxxxxx>,
trader4@xxxxxxxxxxxxx wrote:

No. The insurance should be sufficient to cover the cost of
replacement of the structure. Suppose you have a house that would
cost $500K to rebuild and you have a $200K mortgage remaining. Would
you be happy with a $200K check if it's destroyed?

He would be lucky if the insurance paid $200K on $500K insured
damage ;)
.

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