Home Insurance Tips. Monday , February 12th , 2018 - 16:39:24 PM
You can decide to insure your house and possessions for either substitute cost or cash value. Substitute price is the quantity it might decide to try replace or rebuild your house or repair damages with materials of comparable kind and quality, without deducting for depreciation. You should insure your house not less than 80 % of their substitute value. Cash value may be the amount it might decide to try repair or replace damage to your house after depreciation.
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