Sentences with phrase «guaranteed replacement cost policies provide»

Guaranteed replacement cost policies provide coverage for construction of a damaged property, regardless of the amount.

Not exact matches

That's because most classic, antique and specialty vehicle policies provide guaranteed replacement costs in the event of a total loss.

For many years, replacement cost was provided on a guaranteed basis — meaning that if the replacement cost exceeded the policy limits, the insurance company would still pay.

In this way, these policies typically emulate guaranteed replacement cost policies that provide the cost for rebuilding the property as long as the policyholder meets the requirements specified within the policy.

Does your policy provide guaranteed replacement cost — which, for obvious reasons, since houses appreciate in value, may be almost prohibitively expensive?