I'm in the process of closing on a home and need homeowner's insurance. I did a ton of research and haggling with the mortgage part. I haven't done quite as much research on all the other pieces. Namely: homeowners insurance. One provider told me they use replacement cost as the basis for paying claims, as compared to cash value, depreciated. I would assume the replacement cost policy would be more expensive than the cash value policy, but I have no idea. Some companies are more upfront about this than others. Opinions?
Submitted April 16, 2017 at 07:54AM by RobotMantra http://ift.tt/2oMEfYw
