The Three Types of Property Values that Everyone Should Know

Not a day that goes by in the insurance industry that an insured does not question why the Replacement Cost of their property is so high. They then proceed to try and convince their insurance agent that they could not possible sell their property for the high value of the replacement cost. This leads them to proclaim that the insurance company needs to lower the replacement cost on their insurance policy because they feel that they are getting ripped off.Sometimes Replacement Value can easily be confused by homeowners with other“