FAQs

Hicks Insurance Group  FAQs
 
 
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Why is replacement cost on my house not the same as the sale price?
The cost to rebuild a home is generally not the same as the sales price, or market value, of the home. The market value includes the cost of land, which will still be there, even if your home is destroyed., Market value is also influenced by other factors such as the location of the home, travel time to work or shopping, the quality of the school system and the desirability of the neighborhood. Market value is not a reliable indicator of the amount of insurance you need.
 
 
 
 
 
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