Does carpet come under contents insurance?

Does carpet come under contents insurance?

Both carpets and rugs are covered as part of your contents insurance, however limits apply to carpets or rugs that are hand woven or hand knotted.

Which is better ACV or replacement cost?

While actual cash value is cheaper, replacement cost provides better coverage since it includes the recoverable depreciation of your property.

Is RCV better than ACV?

But, simply put, you work hard for the things you own — if you want to replace the belongings you had before the loss, ACV offers less protection than RCV and you’ll have to pay out of pocket to fill in any gap that’s not covered.