>>>> Isn't that just the cost to buy another already-existing house of a
>>>> similar type?
>>>
>>> Not necessarily. Replacement cost sometimes does include construction
>>> (ie, actual replacement).
>>
>> I wonder if they ever include relocation costs...
>
> Generally you have to actually rebuild the house in order to get the
> replacement costs paid. This prevents people from torching the place to
> get the money.
>
> Often there will be payment of temporary housing costs while the
> original house is rebuilt.

Is this one of those things that varies by country? Also, I wonder if my 
house is actually insured at all...

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