The above might imply that we need to «schedule» the big -
ticket replacement items over time and derive a monthly percentage to hold back in addition to repair.
Not exact matches
The way people often do it is to use the actual cash value check to replace a few big
ticket items, submit receipts, get
replacement cost, then replace a few more
items, and so on.
New homebuyers need to ask how old things are and if there are repair or
replacement records on big
ticket items.
If you have several high -
ticket items, then you might even consider taking out total
replacement coverage.
While the
replacement cost value coverage option may increase your premium quote, you may want the additional protection if you own many older, big -
ticket items.
The way people often do it is to use the actual cash value check to replace a few big
ticket items, submit receipts, get
replacement cost, then replace a few more
items, and so on.
ACV policies should not be discredited, but total
replacement should be strongly considered if you have a great deal of high -
ticket items in your house.