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Guaranteed and Extended Replacement Cost

Guaranteed and extended replacement cost endorsements pay above your dwelling limit if the actual rebuild cost exceeds it. Guaranteed pays whatever it takes; extended pays a fixed percentage above the limit, often 25 to 50 percent.

Endorsements that pay above your dwelling limit if the actual rebuild cost exceeds it. Guaranteed pays whatever it takes (rare). Extended pays a set percentage above the limit, often 25 or 50 percent. Example: a $400,000 dwelling limit with 50 percent extended replacement cost will pay up to $600,000 if a total-loss rebuild runs over because lumber and labor spiked.