Replacement Cost (RC) is the cost to repair or replace property with like kind and quality. Our claims department replaces old with new.
"Partial loss" refers to any insured loss in which the full cost of repairs and/or replacement parts do not exceed the difference between the actual cash value of the home or adjacent structure before the loss, and the actual cash value after the loss.
The home must be insured to 100% of the home's replacement value, excluding land.
Refer to State Specific Program Manual for age of home requirements.
Not available on the Rental / Commercial Program.
The home must be insured to 100% of the home's replacement value, excluding land.
Refer to State Specific Program Manual for age of home requirements.
Not available on the Rental / Commercial Program.