09/01/2026
If your home is worth $400,000, that does not automatically mean you need $400,000 in dwelling coverage.
Why? Because market value and replacement cost are two different numbers.
🏷️ Market value is what your home may sell for. It can include factors like the land, location, neighborhood, and current real estate market.
🔨 Replacement cost focuses on what it may cost to rebuild your home after a covered loss—including materials, labor, construction costs, and other factors.
That’s why your insurance coverage can be higher or lower than your home’s market value.
Same house. Two completely different calculations. ❤️
Have an insurance question you’ve always wanted answered? Drop it below. 👇
📍 Estefania Solis State Farm — Kissimmee, FL
📞 407-279-3885
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