Home Insurance – What You Need to Know About Replacement

Home Insurance – What You Need to Know About Replacement

  1. Replacement Costs Vs Guaranteed Replacement Costs.
  2. Functional Replacement Cost Vs. Like Kind and Quality.
  3. If you do an addition or renovation on your home, when should you inform the insurance company and why?
  4. Why is the replacement cost so close to the Market Value? If the house you burned down, I could still sell the land.

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