Learn how to calculate reproduction costs to estimate expenses for identically reproducing assets or properties using four main methods and tips for accuracy.

I purchased my home in 2000 and insured it for $85,000. Each subsequent year, the insurance company increased my coverage to keep up with inflation. In the following years, the valuation of my home ...

Cheap Insurance reports that understanding actual cash value (ACV) vs. replacement cost value (RCV) is crucial for renters ...

Replacement cost endorsements help homeowners protect the full value of their home and personal property. However, after a loss, most homeowners discover this coverage is not sufficient to replace ...

One pays the current value, minus depreciation; the other pays the full cost to replace your property. Many, or all, of the products featured on this page are from our advertising partners who ...