Smith & Sons Insurance Agency Blog: replacement cost
View the latest blog posts from Smith & Sons Insurance Agency.
Friday, January 22, 2021Replacement Cost or Actual Cash Value - which should I have on my property insurance? One question we hear quite a bit is, "Do I need replacement cost coverage on my home (or commercial property) insurance?" While only the parties with an interest in the property can answer that question, it is important to know the differences, advantages and downfalls. READ MORE >>
Wednesday, September 23, 2020What is the difference between Market Share, Actual Cash Value and Replacement Cost on a single family home dwelling? Let me start by painting a picture. You are buying a home for your family. It is a 1,400 square foot house with 4 bedrooms, 2 bathrooms, with recently upgraded floors, fixtures and a new interior paint job. READ MORE >>
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