Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.
    • Protect the environment. Think before you print.

Historic Properties program: Historic Replacement Cost

May 20, 2019

If you’re a new or prospective historic property owner, you need to understand Historic Replacement Cost and how it ties to historic commercial property insurance.

historic building

When selecting insurance coverage, it’s critical for historic properties owners to know the difference between the property’s value and what it would cost to replace it. Lacking coverage when it’s needed most means risking not having the funds to replace and rebuild vital parts of a property, which can lead to disastrous results.

If you’re an historic property owner or looking to purchase an historic property, it’s important to know what historic replacement cost means, especially when it comes to laws, insurance coverage, and potential disasters. Zurich’s Historic Properties article helps historic property owners learn how to best protect historic commercial properties with the right insurance package.