Insurance which replaces lost, stolen or destroyed property by paying current market prices, rather than depreciated value.
Related information about replacement cost insurance:
- Replacement Cost Insurance: Definition from Answers.com
property and casualty insurance that replaces damaged property. Replacement cost contents insurance pays the dollar amount needed to replace damaged ...
- Selling Property Insurance as "Replacement Cost Insurance" Should ...
Apr 28, 2010 ... Policyholders know when they have been "ripped off" by the fine print of an insurance policy. The most common "rip off" is when in.
- Replacement Cost Insurance | Westfield
Replacement cost vs. market value. Replacement cost: The amount needed to rebuild it as it exists (same features, quality and location). This value is not the ...
- What is replacement cost insurance? definition and meaning
Definition of replacement cost insurance: Insurance which replaces lost, stolen or destroyed property by paying current market prices, rather than depreciated ...
- How to Insure Your Home - Personal Finance - WSJ.com
Replacement Cost Insurance pays you the amount of money you'd need to buy a brand-new item to replace your old one. Liability Coverage Say a guest stays ...
- functional replacement cost - Insurance Glossary
functional replacement cost - The cost of acquiring another item of property that will perform the same function with equal efficiency, even if it is not identical to ...
- Why You Need Replacement Cost Insurance for Your Home | The ...
Jul 17, 2012 ... Replacement cost insurance can cost a homeowner a little more in premiums every month, but it is probably one of the best types of insurance ...
- Replacement Cost Insurance - Adjusters International
In determining the amount of insurance needed to meet the 80% functional replacement cost insurance requirement, the value of the following properties is not ...