What Percentage Of Home Value Is Insurance? 
There are fire policies available that allow you to purchase coverage that is lower than 100 % of the replacement value . They are not very common . They have a provision that applies a co-insurance clause which states that if you insure your house to 50 % of the value of the house and have a claim the company will apply that same percentage to adjust the claim . Your $ 40,000 repair bill will be paid at approximately $ 20,000 . 