When homeowner's or renter's insurance is purchased it is important to stipulate that you want guaranteed replacement cost,which will replace items,not give the depreciated value of them.

Name: When homeowner's or renter's insurance is purchased it is important to stipulate that you want guaranteed replacement cost,which will replace items,not give the depreciated value of them.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Guaranteed replacement cost will replace items without taking their depreciation value into account.

When Homeowner's or Renter's Insurance Is Purchased It Is Important