Sentences with phrase «than an actual cash value plan»

Many times you can find an affordable replacement cost policy that does not cost much more than an actual cash value plan.

Not exact matches

Actual cash value coverage in a renters insurance plan is less expensive than full replacement coverage because of the way it calculates the payout on losses.

Replacement cost is often a special endorsement on a policy, as actual cash value more often than not is the default offering on a standard renters insurance plan.

This means that payouts for these policies are going to be higher than those for actual cash value plans.

Actual cash value renters insurance in Washington is going to adjust claims for depreciation, but will also typically be a bit more affordable than a replacement cost plan.

If you decide to purchase a Rock Island renters insurance plan that gives you actual cash value, you will most likely be paying premiums that are going to be cheaper than replacement cost policies.

An actual cash value plan is one that is going to give payouts for the current value of your losses rather than their purchase value.