Breaking Down and Classification of Property Insurance Breaking Down and Classification of Property Insur | Page 6

Property Insurance
Coverage:
There are three kinds of property protection coverage:
replacement cost, actual cash value, and extended
replacement costs. Replacement cost pays the expense of
f i x i n g y o u r FABRIKAM
p r o p RESIDENCES
e r t y w i t h l i ke k i n d a n d q u a l i t y. C o v e r a g e
depends on replacement cost values, not genuine money
estimation of things.