The purpose of this appraisal is to estimate what it would cost to rebuild your home so you can determine the amount of coverage you need.

Determining Replacement Cost
Many insurance companies use basic insurance valuations or a home's market value to determine the amount of coverage. Basic valuations can substantially underestimate the costs to rebuild, especially if your home is older or if it has custom features. Also, if you rely on market value, you could easily be paying too much for coverage if the market has recently changed.

Market value reflects a host of factors unrelated to building costs, such as the home's location. An insurance appraisal can help you determine what it would cost to rebuild your home with similar quality materials and craftsmanship, thereby allowing you to decide on the amount of homeowners coverage you need.

What is entailed in an insurance appraisal?
A certified appraiser from Appraisal Direct will come to your home to do an interior/ exterior inspection of your home. We will photograph rooms and custom features in both the interior and exterior of the home. We will take a number of measurements and record detailed information needed to help estimate your home's rebuilding costs.

We then research costs of features from your home using a cost based program by Marshall and Swift. With all the information we have obtained from the inspection and research, we create a report detailing our appraisal. We then send you a copy along with your insurance agent.