In regards to #4
4. For a home destroyed by fire, the Actual Cash Value is determined by market value (RE Appraisal minus the value of the land) or a rebuild contractors estimate less depreciation, which ever is greater.

I am not sure if it has changed in the last 10 years, but the house this friend of mine bought in Pleasanton CA was assesed at 365K as value of the land, and 359K as value of the land + improvements. Now he didn’t even notice it till I pointed it to him and they said that his place is in a prime location and hence is rezonable into a retail and that means $$$, and the fact that his house is there is a disadvantage (in a more flowery language)
You burn that house down and the insurance company owes you nothing ??? probably, but you’d ahve a hard time explaining the crumbly house burning down all by itself.
Cool.
Cow_tipping.