One pays the current value, minus depreciation; the other pays the full cost to replace your property. Many, or all, of the products featured on this page are from our advertising partners who ...
Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...
Hosted on MSN
Replacement cost vs. actual cash value: what your policy really pays for (and what it won’t)
When a storm, fire, or burst pipe wrecks your home, the most important line in your policy is not the deductible, it is whether your payout is based on replacement cost or actual cash value. That ...
The world of insurance can often feel like deciphering an overly complex text. The field is dense, confusing, and frequently causes frustration for policyholders. However, when examining renters ...
Actual cash value vs. replacement cost: Which renters policy saves you money? The world of insurance can often feel like deciphering an overly complex text. The field is dense, confusing, and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results