Updated almost 2 years ago on . Most recent reply
Insurance on new construction vs older homes
Hello everyone,
I have a home that was build in 1929 and in great condition. I live in Miami and insurance is extremely high. I spoke with my agent and one of the reasons is that the house is an older house. Considering the option of tear down and build a new house, I was wandering if there's an average percentage difference in insuring a new home vs an older house?