damn their eyes. :)
Both USAA and State Farm flatly refuse to "under-insure" the house.
Me: But if I need to rebuild, I'm not going to have plaster walls. I'm going to have sheet rock walls, and PAINT IT.
Them: We know, but we have to insure it to the full value.
Me: But my mortgage company says the full value of the house, to rebuild new, is $235K.
Them: But the true cost to rebuild from original materials is much higher thant hat.
Me: ...
Them: Will you be paying by Visa or MasterCard?
I'm on the ropes here, because I have to provide homeowners insurance within 5 days of closing, and I have 3 days left before those 5 days are up.