Incredible Can I Insure My Home For Less Than Replacment Value 2022. If that home burns to the ground and needs to be replaced, it may only cost $450,000 to rebuild the house because $150,000 of what the homeowner initially paid for the. Don’t insure your house for less than replacement cost.

Unless you believe otherwise based on the benefits and risks listed above, insuring your home for its replacement cost is typically the best and safest option. Many homeowners can opt for an extended replacement cost, which pays more than the market value if their homes need to be rebuilt. For example, if your home’s real.