It's now been 7 years since our fire and cookie-cutter neighborhoods are about 90% rebuilt, custom home neighborhoods are about 75% rebuilt, and luxury homes about 50% rebuilt. 

I was told by a local experienced investor that insurance companies will always go cheap with paying out to contractors in the event a property needs to be rebuilt. 

Gutted to the studs and rebuilt the building.

This targets family’s between homes, either because they just moved to the area; have a definitive time work contract; current house is being rebuilt/remodeled/repaired; students with “rich” parents; recent separated/divorced who needs space for children visits; Houston medical center stays; etc.  

That seems like an expensive roof - does it need to be completely torn up and rebuilt to hurricane standards?

It's not as simple as homes that were burned being rebuilt and original owners returning to them.

There thinking some clean-up-fairy comes swooping in with a broom, washes the ashes away and then Bob The Builder n all his friends comes hot on the hells, Bing-Bang-Boom all is rebuilt and were singing kumbayas by Christmas.......Reality is it took about 10 years to rebuild post katrina. 

I took that approach with everything I rebuilt at my property in FMB and there is a peace of mind from knowing exactly how to handle the next hurricane.

This property I am getting is a duplex made in 1915 that was: "Taken down to the studs, and professionally rebuilt in 2019."

I suspect a lot of those with current regulations CANNOT be rebuilt if they are destroyed but we will see..