Tag: Replacement Cost

Read This Before Buying California Homeowners Insurance

Most insurance topics are confusing to the average consumer. On some level, we know that having insurance to protect against certain risks is a good idea, but unanswered questions can sometimes result in making the wrong purchase. Here are some

Posted in Condo Insurance, Homeowners Insurance, Personal Property Tagged with: , , ,

Replacement Cost vs. Actual Cash Value

No matter what type of insurance you’re shopping for, you’ll notice some differences between insurance companies regarding reimbursement – particularly if a covered item is regarded as a total loss. We’re talking about replacement cost and actual cash value (ACV).

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