There are numerous types of discounts which provide coverage for damage repair costs, medical expenses and even replacement cost in case of total damage. (autoquotenow.com)
It also covers the medical costs in case of accidents and injuries. (policybazaar.com)
In the example above, the actual cash value claim yields a larger recovery than the replacement cost claim; consequently, the insured should not elect replacement cost in this case. (adjustersinternational.com)