Well that's a bunch of bullshit in my case. I know what it cost to build my home in 2006 and I know what it would cost to rebuild today. It's less, or worse case scenario it's the same, without a doubt it's not more.
Cost of materials were at an all time low about a year ago, I didn't get any letters in the mail reducing my rate. Yes, this past October material cost started to creep back up but it's still below where it was when I procured my policy originally and cost to build right now would still be considered "good". Definitely not increased, definitely nothing to justify a premium increase.
They don't like to debate it though, they just hang up. Bastards.
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