How does the extended coverage work if you don’t build exactly the same thing you had before? Say you build a slightly smaller house but want some additional features you did not have before like solar panels?
The extended coverage is based on the estimate to replace the home you had, not the home you are actually going to rebuild. These additional buckets of building code upgrades and extended coverage would be available to you, if the cost to rebuild the “as was” home exceeded your policy limits to settle your claim. Once you’ve settled your claim, you would build the house as you are designing with the insurance proceeds you received. So, your adjuster’s estimate is about what was insured, not your contractor’s bid/estimate for the house you want to rebuild. (Apples to Apples)