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Home > Blog > Park & Associates Inc Blog: personal property – replacement cost vs actual cash value
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Park & Associates Inc Blog: personal property – replacement cost vs actual cash value

View the latest blog posts from Park & Associates Inc.

Friday, October 1, 2021

Personal Property – Replacement Cost vs Actual Cash Value

Homeowner policies include coverage for your personal property which includes items such as clothing, electronics and furniture etc.  There are two types of coverage options for your personal items.  Replacement cost and actual cash value refers to how your homeowner policy reimburses you for damage to your personal items after a covered loss. READ MORE >>
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