Reconstruction Costs

Verisk report shows reconstruction costs reverse trend in U.S.

Verisk Insurance Solutions released its 360Value ®  Quarterly Cost Update on reconstruction costs for the third quarter. As the housing market has recovered, the rate of increase for overall...

360Value® quarterly cost updates show an improving housing market

360Value ® recently released its quarterly cost updates on reconstruction costs, and the news was good for the U.S. housing market. All states experienced a modest annual increase in total...

Reconstruction costs continue steady pattern of increases

Overall reconstruction costs tracked for the 360Value ® Overview of Property Reconstruction Cost Changes  showed moderate increases in both the United States and Canada across all states and...

Reconstruction cost increases continue to slow in the United States and Canada

Virtually all the labor and materials tracked for the 360Value® Overview of Property Reconstruction Cost Changes  showed increases in both the United States and Canada for the period spanning Octob...

Which home characteristics have the greatest impact on replacement cost estimates?

Does a property have a garage or just a driveway? How many fireplaces are in the house? Are the exterior walls wood, vinyl, or brick? What’s the slope of the property? On what type of foundation do...

Reconstruction costs continue to rise for Q3 2015, but at a slower pace than last quarter

Across the United States, reconstruction costs continued to rise from July 2014 to July 2015, but at a slower rate than experienced in April. At the state level, reconstruction costs in 43 states a...

Reconstruction costs continue sharp increases across the United States and Canada

The latest reports of the 360Value ® Overview of Property Reconstruction Cost Changes show reconstruction costs are higher in the United States and Canada compared with the same time last year. In...

Expect Replacement Cost Estimates to Rise in the Third Quarter

Overall, insurers can expect replacement cost estimates to increase in the third quarter of 2013. According to data from Xactware’s Industry Trend Reports, reconstruction costs in all 50 states are...