What does full replacement mean?
What does full replacement mean?
Full Replacement Cost means the actual replacement cost from time to time of the improvement being insured, including the increased cost of a construction endorsement, less exclusions provided in the fire insurance policy.
Are there situations where insurance would not help?
Events typically not covered by standard homeowners insurance include: Floods. Earthquakes, sinkholes and other “”earth movements”” Other natural disasters (depending on geographic location) Jul 29, 2021
Which of the following is something that will not affect your homeowners insurance premium?
Which of the following is something that will not affect your homeowners insurance premium? Answer: A (The distance of the home from a school.)
