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Why do insurance companies raise my house value each yeasr?
Insurance companies put an edorsement called inflation Protection on their policies.  The endorsement is designed to protect the homeowner from being under insured.  Each year as building costs increase, your home insurance amount also called Dwelling will increase in an attempt to keep up with these increases.
What is MSB or replacement cost?

A calculator is used to determine the necessary rebuild cost of your home in the event of a total loss.  A popular company used by insurance companies and agents is MSB.  This program will calculate the replacement cost of your home based on information about the home including exterior and interior building materials.

The Fite Agency

311 E Interstate 30  

Rockwall, TX 75087

 972-772-0540

 

Remainder of State Toll Free
866-429-FITE (3483)

Personal and Business Insurance Agency

Let the Fite Agency provide you with competitive priced products and excellent customer service through superior rated insurance companies.