When a storm, fire, or burst pipe wrecks your home, the difference between walking away financially whole and taking on new debt often comes down to five words in your policy: replacement cost or ...

One pays the current value, minus depreciation; the other pays the full cost to replace your property. Many, or all, of the products featured on this page are from our advertising partners who ...

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Replacement cost insurance allows homeowners to repair or replace their eligible belongings at today’s value following a covered claim. While most homeowners insurance policies include replacement ...