You buy a new motorcycle and trade in your old one. You pay the difference between the price of the new one and the monetary value assigned the trade-in by the dealer. Written Feb 2, 2015 Â· View Upvotes.
Benefits of the House Rebuilding Cost Calculator 1  : Check your buildings insurance amount still covers the rebuild cost; 2  Get a rough idea of your homeâs rebuild cost so you donât pay the shortfall; 3  Avoid paying a premium for cover that you do not need;4  SIMPLE and FREE to use. Check your buildings insurance amount still covers the rebuild cost; 2  Get a rough idea of your homeâs rebuild cost so you donât pay the shortfall; 3  Avoid paying a premium for cover that you do not need; 4  SIMPLE and FREE to use.
Distance from the Gulf is a factor. How far is the nearest fire hydrant or water source. Deductible is based on what it would cost to rebuild the house. The deductible is 2% If the house costs $150,000 to rebuild, you eat the first $3000 of damage. A separate policy for 'flood' is required if in a flood zone. Policy cost is based on what flood zone the house is located and the elevation of the 'living' floor.