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Home’s value, replacement cost not interchangeable

Home’s value, replacement cost not interchangeable

by Steve Burgess | Jun 3, 2020 | Home Owners Insurance, Tips for Homeowners, Uncategorized

When shopping for homeowner insurance, you may hear the terms “market value” and “replacement cost” multiple times. It’s important to have a grasp of the difference. They are not interchangeable. Market value is the selling price on the open market —...

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