How To Value Rebuilding Home For Insurance? 
-- > Normal 0 How much will it cost to rebuild your home should it be damaged or destroyed ? I doubt anyone can give you the correct answer because the cost to rebuild your home will vary considerably depending on how it is damaged . If your home is the only one damaged in your area , for instance a fire in the home , the cost to rebuild will be one number . And if a number of homes in your area are damaged or destroyed , for instance a storm or wild fire , the cost to rebuild could be significantly more as materials , labor and contractors may be in short supply and cost much more . So how does one address that possibility ? Some , not all , insurance companies offer a Guaranteed Dwelling Replacement Cost feature that can be added to your policy . Under this feature , you are required to purchase an amount of insurance consistent with the current cost to rebuild your home at normal prices . If your home needs to be rebuilt following a loss , the amount of insurance will automatically increase to whatever you need to rebuild the same home you had before the loss . That is the only way I know of to always buy the right amount of insurance , get one that adjusts to changing loss conditions . Otherwise , its just a guessing game and if you are wrong , you lose , not the insurance company . 