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Actual cash value vs. replacement cost: Understanding the difference in home insurance

Actual cash value and replacement cost are two different ways home insurance companies calculate your payout on a claim. Learn about the differences and...


  • Sep 25 2024
  • 9
  • 324 Views
Actual cash value vs. replacement cost: Understanding the difference in home insurance
Actual cash value vs. replacement cost: Understanding the difference in home insurance
Homeowners insurance reimburses you when your property or belongings are damaged by a covered disaster. Your payout can vary significantly based on whether you have actual cash value vs. replacement … [+7732 chars]

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