Insure Your Home at Replacement Cost

Concept of insuring your home at replacement cost or market value if your home should be destroyed in a fire.

When choosing homeowners insurance, you have the option to insure your home at either market value or replacement cost. If your home is destroyed, the difference in these two types of coverage is crucial and can be expensive. Here’s why you need to insure your home at replacement cost. Defining market value and replacement cost […]