This kind of Sparks renters insurance works by giving you the total amount of cash back that
you initially paid for your items.
Total replacement coverage costs more, but it reimburses you with the exact amount of money that
you initially paid for your items.
Not exact matches
We have to
pay more
for that
initially but over the long term it's more cost effective because the
items don't need replacing as frequently.
Replacement cost coverage means you'll get reimbursed
for what the
item would cost to replace in today's market even if today's cost is higher than what you
paid initially.
Thieves might take your
items, but total replacement ensures that you will get back the actual amount you
initially paid for your valuables.