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.
Report Abuse. It's not based on market value, it's based on cost to rebuild. Assuming your house is about 700 square feet (which would be the average cost to rebuild of $100,000), and you're in Iowa in a large city, the annual premium should run you around $300 a year.If you're in Florida, it's closer to $5,000 a year.eport Abuse. It's not based on market value, it's based on cost to rebuild. Assuming your house is about 700 square feet (which would be the average cost to rebuild of $100,000), and you're in Iowa in a large city, the annual premium should run you around $300 a year.