My house is insured for almost twice what I paid for it. When I questioned my agent about that, he said, "well, if it burns down, there's all the demo and clean up, and it will cost a lot more to build it to today's code. Also, you have $1,000,000 worth of coverage for your possessions". "I don't have a million dollars worth of stuff". "Doesn't matter. It's all part of the package". Gee, I guess I forgot to update my pinside collection to include BBB and King Kong.