When shopping for homeowner insurance, you may hear the terms “market value” and “replacement cost” multiple times. It’s important to have a grasp of the difference. They are not interchangeable.
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High-rise buildings with residential uses pose unique risks that deserve special attention to safety. Whether you are purchasing a condo, staying in a hotel or living in a high-rise senior apartment or college dorm, consider whether the building is protected by automatic sprinkler systems.
The post Sprinklers essential to safety in high-rise residences appeared first on The Cincinnati Insurance Companies blog.