[quote=joec]Bump and wanted to see what people are now paying for home coverage…
From looking at my policy, the coverage is a lot more expensive than back in 2009. That’s probably to be expected, but does it really cost over $200/sqft now to rebuild a house in San Diego?
From looking at new and old $/sqft search, it seems like this seems to be the correct price while it was about $130 back in 2010 or so (some graphs seem to end there for some reason).
What are people seeing in insurance premiums now? We are near $2k/year for guaranteed replacement cost…over 3k+ sqft track home in 4S.[/quote]
50% increase over 2010 sound plausible. The cost of skilled labor is up by that much and materials went up more than 50% – lumber is double what it was in 2008-2009.
Just look around you – in 2009 you had several units in development within 5 miles of 4S. Must be more than 200 today.
