Rather you need to have enough insurance to let them rebuild their lives.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild with the same kind and quality excluding the foundation)2.

The tax sales are distressed properties you can pick up for pocket change, and if you have a crew to do the work you monitor the gut/rebuild.

If you read in some truck magazine how easy it was to rebuild a Cummings diesel, would you just walk into a garage or shop someplace and tear into a rebuild without a manual or specifications?

Needless to say I have a full remodel to do on one unit, water mitigation in another 2 bathrooms, 7 windows blown out from 2 concussion grenades, rebuilding a storage unit and repaneling because of a third one concussion grenade thrown in the 4X4 storage unit, and a full door casing and door to replace because of breach charges.There are 2 morals to this story.1.

There was considerable damage and we were able to replaces slats with 2 inch (from a rebuilding center) that we cut to fit.

This can help you rebuild bad credit if you make timely payments. 

Granted, if the value to rebuild your location is $200,000, then by all means, insure it accordingly, especially if your plan is to rebuild it. 

I just did something similar wrapping up a large duplex rebuild.

In 2002 I decided to rebuild the engine due to excessive oil leaks, a common problem for these years.