Fix It Homestead on MSN
Replacement cost vs actual cash value in plain English and why it matters
When a storm, fire, or burst pipe wrecks your home, the difference between walking away financially whole and taking on new ...
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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 ...
Minnesota Statute section 65A.10, subdivision 1 requires replacement cost insurance to cover, in the case of a partial loss, the “cost of replacing, rebuilding or repairing” the damaged part of the ...
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