A Cochise County border city with the lowest median home value of anywhere we write, which makes the distance between what a house sells for and what it costs to rebuild the central fact of insuring one.
Median owner-occupied value here is $157,700. Rebuilding a house costs what labor and materials cost, and those do not fall to meet a soft resale market.
Three things we check on every Douglas quote, because each one decides what a claim pays rather than whether you have one.
Where market values are low, the instinct is to insure for roughly what the house is worth. That instinct produces a limit that cannot rebuild it. Labor, materials, debris removal and current code requirements set reconstruction cost, and none of them track the local resale market.
A US auto policy generally provides no liability cover in Mexico, which requires insurance from an admitted Mexican carrier. In a city where crossing is routine, that is a daily exposure rather than a holiday one.
Wiring, plumbing and roofing in older stock are where claims begin, and several of those are excluded when the failure is gradual rather than sudden. Knowing the age of each system is worth more than shaving the premium.
Across 4,566 households, a figure that reflects larger households than the state average.
The lowest of any place on this site, and the reason underinsurance is the default here rather than the exception.
Just under two thirds own, with a substantial renting minority in older housing.
Written for Arizona, quoted for your address in Douglas.
Read moreWritten for Arizona, quoted for your address in Douglas.
Read moreWritten for Arizona, quoted for your address in Douglas.
Read moreWritten for Arizona, quoted for your address in Douglas.
Read moreWritten for Arizona, quoted for your address in Douglas.
Read moreTell us the square footage and the construction. We will work the rebuild cost from those, not from the sale price.
We set the limit from reconstruction cost, which is the whole point in this market.
Request a quoteCall and ask what it would cost to rebuild, not what it would sell for. They are very different numbers here.
