Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is the valuation on my home prepared by my insurance company lower than the market value placed on my property by the Property Appraisers Office?

April 26, 2017appraiser COMPANY Home Insurance lower market Placed prepared Property valuation value

0

Posted

Why is the valuation on my home prepared by my insurance company lower than the market value placed on my property by the Property Appraisers Office?

1 Answer

0

Posted

A. Probably because the appraisals for insurance purposes do not include the land value or foundation cost for the improvement.