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Lawyermos: your house burns. How much do you get from insurance?

Value of home is 900k. Do you get the 900k from insurance?
Purple Vivacious Reading Party
  11/14/18
Not a lawyer, but I am a home insurance policy holder. Your ...
Laughsome associate
  11/14/18
...
Orchid plaza
  07/08/25


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Date: November 14th, 2018 9:13 AM
Author: Purple Vivacious Reading Party

Value of home is 900k. Do you get the 900k from insurance?

(http://www.autoadmit.com/thread.php?thread_id=4132686&forum_id=2...id#37229851)



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Date: November 14th, 2018 9:14 AM
Author: Laughsome associate

Not a lawyer, but I am a home insurance policy holder. Your home insurance payout is generally a lot less than the value of your home. What the insurance pays for is the cost of rebuilding your home. Most of the value of your home is actually in the land, which doesn't get covered by homeowners.

(http://www.autoadmit.com/thread.php?thread_id=4132686&forum_id=2...id#37229858)



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Date: July 8th, 2025 11:08 PM
Author: Orchid plaza



(http://www.autoadmit.com/thread.php?thread_id=4132686&forum_id=2...id#49084847)