Re: Bye bye Miss American Pie...the levee wasn't dry!

Tony Cooper <tony_cooper213@xxxxxxxxxxxxx> writes:

> No matter who the insurer, I would have to rebuild it under current
> regulations and codes. The building permits, and building
> inspections, are based on current regulation.
>
> My own homeowner's policy automatically escalates in payoff amount
> to the amount estimated to replace the structure under today's
> circumstances. I am guaranteed to be able to build a similar house
> at today's costs.

I'd expect that to be a separate "replacement cost" rider that you pay
for. Otherwise, you'd get a depreciated amount. (Or maybe that only
applies to the contents of the house.) I also seem to recall that
"code upgrade" (the amount it would take to make legally necessary
changes to bring the new construction up to current building codes) is
also a separate rider on our insurance.

--
Evan Kirshenbaum +------------------------------------
HP Laboratories |You cannot solve problems with the
1501 Page Mill Road, 1U, MS 1141 |same type of thinking that created
Palo Alto, CA 94304 |them.
| Albert Einstein
kirshenbaum@xxxxxxxxxx
(650)857-7572

http://www.kirshenbaum.net/


.

Relevant Pages

  • Re: Bye bye Miss American Pie...the levee wasnt dry!
    ... regulations and codes. ... My own homeowner's policy automatically escalates in payoff amount ... Our policy has the extended replacement cost and code upgrade items as part ...
    (alt.usage.english)
  • Construction codes for Bangladesh
    ... Construction codes for Bangladesh ... Building codes and regulations help to ensure that homes, schools, ... Bangladesh were taken much before the liberation of the country. ...
    (soc.culture.bangladesh)
  • Re: Red Bull had to change their car in the last two races
    ... not the intent. ... regulations did not cater for at all. ... seemed to amount to me to "I think". ...
    (rec.autos.sport.f1)
  • Re: Insert Column after specific text title the new column and add
    ... Thank you for taking the time and writting the codes, ... however it could be as simple as +the value in amount column/1000. ... Dim FoundCell As Range ... Dim myStr As String ...
    (microsoft.public.excel.misc)
  • Open form on two criteria
    ... I have a form that contains an amount field and a combo box which has three ... For example i have three codes... ... selection of expression builder, code ...
    (microsoft.public.access.formscoding)