Insurance to Value (ITV) is the coverage required to build anas-close-as-possible replica of an insured’s completely destroyedhome. Safeco uses an industry leading rebuilding estimation toolto best determine the cost to rebuild from the ground up. And, weprovide it to you in an easy to use, two-page calculator!The 5 Dials: How we calculate Coverage AHere are the variables Safeco has selected to adjust in the MSB estimation tool to calculate Coverage A based on our policyprovisions and claim practices so you can clearly explain how we arrive at our estimatesDial 1 Contractor profit and overhead Safeco fine-tunes this dial to match our claims experience and adjustment processes.Safeco also includes 5% each for general contractor overhead and profit.Dial 2 Construction typeWe group homes into vintages of construction based on when the homes were built.Each home goes into one of three buckets. Homes built before 1930 go in onebucket, those built between 1930 and 1939 are placed in another and those built1940 and after go in a third.Dial 3 Foundations Safeco includes foundations that are below grade in our Coverage A estimates.Foundations may add 10% to home reconstruction costs.Dial 4 Debris removal Safeco adds nothing for debris removal. We don’t consider it a true reconstruction cost.Instead, it’s included in Safeco policies as an additional coverage at no extra charge.Dial 5 Fees, permits, general conditions Safeco includes most of these expenses in the contractor profit and overheadcategory in Dial 1.Make sure to call an independent insurance agent to discuss what coverage you should have on your homeowners insurance.www.rickclineagency.com303-932-1700