While this is way off topic, a friend has a 2 car stucco garage in MPLS. Her insurance indicates that they have a $17,000 cap for full replacement. She is wondering if this amount would cover replacement with another stucco exterior garage? When I had my garage loss, I found I was under insured and did get enough to replace the pad.
Not much info to go on but highly doubtful that $17,000 would replace it.
Built a new three car in Mpls in 2003 and had to settle for James Hardie Stucco Board siding as a close match to the house. Cost w/o doors and openers was $17,000. To do it in stucco would have added close to $8,000 to the project. So, Unless costs have gone down since 2003, she’s way underinsured.
There’s always the option of calling one of the big contractors specializing in garages and getting a quote to rebuild as is, or even a little larger, and then insure for that value.
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