We are meeting with our insurance agent and based on other people who have done the same, the purpose is likely to say that we need more insurance because of the increased cost of rebuilding the house should it be destroyed.
I recall that there is a ball park figure used to estimate the cost of building a house such as $X per square foot excluding land costs. I imagine there is likely a range depending on whether the house is basic or luxurious or something in between.
Anybody know what the going number(s) are in Ontario? I assume this does not count contents other than fixtures.