How to get a Replacement Cost Estimate (RCE) for a property?

Within the application, if the price per square foot (PSF) you enter falls outside typical market ranges, the website will prompt you to upload a Replacement Cost Estimate (RCE).

Standard PSF ranges fall between below $100 or above $400, except for California, which is below $150 or above $450

If your building valuation falls outside these ranges, the submission will refer to underwriting, who will email you for follow-up. You can ensure faster processing by uploading the RCE upfront. Below are some options to provide a RCE:

1. CoreLogic’s Swift Estimator (Most Popular)

   CoreLogic Swift Estimator is a widely accepted replacement-cost valuation tool for underwriting. It provides:

   • Detailed building valuation reports

   • Line-by-line construction data

   • Regional cost adjustments

   • An easily readable PDF suitable for underwriting review

   If you have access to CoreLogic tools, this is typically the fastest and cleanest solution.
   

2. Use an existing estimate from a carrier

   You may already have a RCE from an admitted carrier or a recent property inspection report with valuation details. If the report accurately reflects current building characteristics, you can upload it within the app.
   

3. Work with a third-Party valuation provider

   Some agencies decide to use providers like:

   • Marshall & Swift

   • Verisk

   • Local appraisal services

   Any official replacement cost estimate that clearly explains how the value was calculated is usually acceptable.
   

Simply attach the PDF or valuation report directly to the submission in-app. Uploading at this step allows underwriting to review immediately — no separate email required.

What if I don’t upload an RCE?

• Your submission will still refer to underwriting, but you can expect follow-up requests for valuation support, which may delay turnaround up to three business days.

What if the building is outside typical PSF ranges by a large amount?

• That's fine, as risks may be considered unique if construction is in a rural location, if older buildings are involved, or if specialty risks fall outside standard ranges.

If a property is outside of the typical PSF, does it mean it will decline?

• No, this is a documentation request, not a declination trigger. The goal is to provide accurate pricing.

Is this required for every property?

• No, only when the entered price per square foot falls outside typical ranges. If your value is within range, no additional upload is required.

What information do I need for a property quote?

Protection Classes

How do I determine Replacement Cost?

How do brushfire/wildfire scores affect property quotes?