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Changes in reconstruction costs by state Q4 2013

By Visualize Editor  |  October 1, 2013

(October 2012 to October 2013)

Insurers can expect increased replacement cost estimates in the fourth quarter of 2013.

Reconstruction costs increased almost 3 percent between October 2012 and October 2013, which should result in higher replacement cost estimates across the country. In fact, reconstruction costs increased by at least 2 percent in every state, with the Northeast experiencing the highest increases.

For more details, view the 360Value® Overview of Property Reconstruction Cost Changes, which also includes details about how costs for building materials and labor have changed over the past year.

360Value reconstruction cost state map United States