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Home’s value, replacement cost not interchangeable

By agent, building, claim, code, conditions, contractors, cost, historic, home, homeowner, house, independent, Insurance, labor, loss, market value, materials, older, Personal Insurance, price, reconstruction, registry, replacement cost, sales, savings
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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.

The post Home’s value, replacement cost not interchangeable appeared first on The Cincinnati Insurance Companies blog.

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