Squamish Homeowners: Don’t Overlook Rising Rebuild Costs

With continued growth and development in Squamish, construction costs have been steadily increasing—mirroring a national trend of nearly 25% growth in rebuild costs over the past several years.

While property values often get the most attention, replacement cost is just as important—and often overlooked.

Your home insurance is designed to cover the cost to rebuild, not the market value of your home. If your replacement cost hasn’t been reviewed recently, it may not reflect today’s true building costs.

That’s where regular evaluations come in. Keeping your coverage up to date ensures you’re fully protected, even as costs continue to rise.

At InsureBC Squamish, we help homeowners stay informed, protected, and prepared—no matter how the market changes.