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hey this is Jeremy from shine insurance in this video is about replacement costs versus market value as it has to do with insurance I get these questions all the time itamp;#39;s a super common thing to be confused about weamp;#39;re going to uncommon topic so we will address in this video just quick definitions of the two different things and what they are weamp;#39;ll talk about how replacement cost affects your insurance and then weamp;#39;ll talk about how market value affects your insurance pretty simple pretty quick just going to lay it out for you letamp;#39;s start with some definitions replacement cost is the amount of money it would cost to actually rebuild your home that means hiring contractors having drywall put in framing done roofs put on kitchen stuff put in your crawlspace spill probably not in that order but you get what Iamp;#39;m saying the actual cost of rebuilding your home so if your home were to burn down or be knocked over by a tornado or something like t