Sentences with phrase «than the actual cash value»

At the same time, you may also decide that you require replacement cost value coverage rather than actual cash value coverage on your contents.

Replacement value policies will usually cost more than an actual cash value policy so make sure all of the policies you are considering offer the same type of coverage.

Replacement value pays the cost of replacing the items or property and is about 15 % more expensive than actual cash value coverage.

Replacement cost coverage is slightly more expensive than an actual cash value policy.

Replacement cost value policies generally cost more than actual cash value policies.

Replacement cost renters insurance might sound like a no - brainer, but, as with all premium things, it's got a higher price tag than its actual cash value counterpart.

Replacement cost renters insurance might sound like a no - brainer, but, as with all premium things, it's got a higher price tag than its actual cash value counterpart.

Because replacement cost policies pay out higher amounts than actual cash value policies, they typically cost more in terms of premiums.

Replacement cost coverage is pricier than actual cash value coverage, but you'll be glad to have it if you ever lose everything in a disaster.

The owner of the vehicle is entitled to compensation if the coverage is right and the owner owes less than the actual cash value.

Most industry experts agree that replacement cost coverage is better than actual cash value home coverage insurance.

To this end, replacement value coverage is clearly a better choice than actual cash value insurance.

If you opt for full replacement rather than actual cash value renters coverage this step becomes even more important.

Replacement cost coverage is more expensive than actual cash value because your policy will pay to restore your property to new should it be damaged, while actual cash value accounts for depreciation.

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

Replacement Cost settlements and the basis of claims payment are far more reasonable than the actual cash value settlement.

Replacement value is the actual amount of money that it would require to buy a new version of the item, and is usually a larger figure than the actual cash value.

Replacement cost insurance has higher premiums than actual cash value policies.

This coverage is generally at replacement cost rather than actual cash value.

This is more expensive than actual cash value coverage, but if your entire home is lost in a fire, you'll receive enough compensation to rebuild a similar model.

Because replacement cost policies pay out higher amounts than actual cash value policies, they typically cost more in terms of premiums.

Replacement cost coverage is pricier than actual cash value coverage, and here's why.

Depending on the age of the policy, the cash surrender value could be less than the actual cash value.

Replacement cost policies give you more protection than actual cash value coverage.

Make sure to purchase a guaranteed replacement cost policy, which offers more protection for your assets and home than an actual cash value policy.

However, what you'll discover is that this type of replacement cost insurance is going to cost you a bit more than the actual cash value coverage for renters.

State Farm ® offers agreed - value policies which means if the vehicle experiences a total covered loss, we will pay this agreed - upon value rather than the actual cash value of the car as long as there is no prior damage to the car, parts have not been removed, and the car's condition has not deteriorated because of abuse or neglect.

Renters insurance helps you to protect that personal property and can help you get paid the amount necessary to replace it rather than the actual cash value if there's a fire, theft, or other loss.

This will be much more expensive for your Haller Lake renters insurance than actual cash value protection, but it will be able to give you more money if there is a disaster in your area that requires you to use your policy.

Personal property is covered at replacement cost rather than actual cash value on most Idaho renters insurance policies in 2018.

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Barry recommends choosing a renters insurance policy that will also pay you the replacement cost value rather than actual cash value for items that are lost or stolen.

Replacement cost (also called full replacement or guaranteed replacement cost) is costlier than actual cash value property coverage, but provides superior financial protection for policy holders following a loss.

In the event that your car is stolen or a total loss, this coverage will pay the balance of your existing car loan if it is greater than the actual cash value of your vehicle at the time of the loss.

This type of Avondale renters insurance will cost you more money than actual cash value, though.

Moore's law is still alive and well, so you can expect the cost to replace electronics to be far higher than the actual cash value.

Remember, generally, you will not be paid more than the actual cash value of your car (i.e., what the car is worth) at the time of an accident, which takes depreciation into account.

Renters insurance helps you to protect that personal property and can help you get paid the amount necessary to replace it rather than the actual cash value if there's a fire, theft, or other loss.

[3] This kind of policy is more expensive than an Actual Cash Value policy, where the policyholder will not be compensated for the depreciation of an item that was destroyed.

Full replacement value (also called guaranteed replacement) renters insurance property coverage costs more than actual cash value protection, but the protection it provides is far superior.

Personal property is covered at replacement cost rather than actual cash value on most Idaho renters insurance policies in 2018.

For example, if the life expectancy of your roof is 20 years and your roof is 15 years old, the cost to replace it in today's marketplace is going to be much higher than its actual cash value.

This protection is, of course, at replacement cost, meaning that you get the coverage you need to replace things that suffer a loss at retail, rather than the actual cash value of the property.

«Replacement Cost Insurance normally costs about 25 percent more than the Actual Cash Value policy.»

Replacement cost coverage for your mobile home tends to cost more than actual cash value coverage does because the insurance company commits to paying out more for losses.

An automobile, according to Maine's Bureau of Insurance, is often considered a total loss if the cost to repair the vehicle is 75 percent or more than the actual cash value of the vehicle.

Generally personal property renters insurance coverage is at replacement cost, so you get the cost you need to go out and replace that item with one of like kind and quality, rather than the actual cash value.

In addition to having coverage for replacement cost rather than actual cash value (AKA «Craigslist price»), you'll want your home inventory to reflect the replacement cost of that item.

You will still be covered after your deductible, but you run the risk of a total loss, where the cost of repairing your car is higher than the actual cash value the insurer would reimburse you for.

Personal property coverage on renters insurance is often at replacement cost, rather than actual cash value.