Our home was in the Marshall Fire in CO, but survived with smoke & fire damage.
Prior to the event, we were underinsured.
Since then, we’ve been trying to increase our dwelling coverage with our insurance company (USAA).
After two attempts, we were able to increase the coverage to $240/sq foot – the max the insurance company was able to do.
However, we are learning that the rebuilding costs in our area are between $400 and $500/sq foot.
Our insurance company is saying our home is not worth that much.
How can we adequately insure our home so that we are not underinsured in a future event?