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When Replacement Cost Doesn’t (Replace)

When Replacement Cost Doesn’t (Replace)

by Kathleen Davis, CPCU, CIC, ARM, API | Jul 18, 2013 | Underwriting

If you said your policy provided replacement cost coverage for all your stuff, it might not stop conversation at a cocktail party, but it would give you a warm and fuzzy feeling.  After all, it certainly sounds better than actual cash value (ACV).  Let’s check a few...

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