Is my home part of the National Register of Historic Places or a historic society ? Historic societies often regulate reconstruction . A plaque that lists the year of construction or notable occupants may help to identify a historic home .
Would it be difficult for builders to access my home for reconstruction ? Neighboring homes , landscape features or other aspects of your community that have changed since your home was built can make it more difficult to access the site for construction .
Have building codes in my area changed since my home was built ? The reconstruction cost will increase if your home contains lead-based paint or knob and tube wiring that builders will need to remove or replace .
In addition to these considerations , your home ’ s replacement cost includes the cost to clean up debris and other materials prior to construction , the potentially higher cost of materials and labor in your area after a natural disaster and the increased cost to rebuild your home compared to new construction .
Insuring Exceptional Properties Since 1879
FROM FIRST BEACH TO EAST BEACH TO PALM BEACH
LET US HELP To help you choose a policy limit , your agent can use information about your home including square footage and the year of construction to estimate an appropriate replacement cost . |
In Residence Risk Advisors : |
Jack Lambrecht Watch Hill , RI |
Kiley Prime Newport , RI |
Kyle O ’ Neill Palm Beach , FL |
Review your coverage amount every few years as you update your home to meet your family ’ s changing needs . Additions or enhancements can add to your home ’ s value and increase the replacement cost . Your home is more than just an asset . ◆
STARKWEATHER AND SHEPLEY 60 Catamore Blvd . ( home office ), East Providence , 401-435-3600 , starshep . com
800-854-4625 | Starshep . com Email inquiry : privateclient @ starshep . com
RHODE ISLAND MONTHLY ’ S NEST | 2022 43