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Replacement Cost Value vs. Actual Cash Value When it Comes to Home Insurance

Wren Insurance Agency

At Wren, because we are protection minded, we always quote our home insurance policies using Replacement Cost Value (also known as RCV) on contents, versus Actual Cash Value (ACV). Now, due to a claim (tied to a weather event, fire, theft, etc.), it would take $1,500 to purchase that same couch today.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

TGS Insurance ยป Blog Do You Need to Tell Your Homeowners Insurance About Home Renovations? When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. However, for many home renovation projects, you will need to inform your insurance agent.

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Insurance Coverage for Your Tiny House

Paragon Independent Insurance Agencies

Ensure your tiny house is insured against theft and damage. Begin by conducting a comprehensive home assessment, then select residential coverage to include in your insurance policy. Home Insurance Like any other residence, a tiny home is eligible for various types of home insurance coverage.

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Upgrades That May Require More Residential Insurance Coverage

Paragon Independent Insurance Agencies

Then, adjust your insurance policy accordingly. Your residential insurance policy can list the items you invest in. The insurance coverage will protect against unforeseen damage and theft. Be aware that some events may not be included in a standard insurance policy.

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Insurance Considerations for Home-Based Businesses

Mark Jackson Insurance Agency

Home Office Desk by Ken Tomita The rise of home-based businesses has been one of the most significant shifts in the modern work landscape. While operating a business from home offers convenience and flexibility, it also necessitates careful consideration of insurance needs.

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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Home Security and Safety Features Homes with security systems, fire alarms, deadbolts, and even storm shutters can often earn discounts on premiums. These features reduce the risk of significant damage or theft, meaning less risk for the insurance company. Opting for a higher deductible can lower your monthly premium.

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Landlord insurance tips

Cover4LetProperty

The main difference between home insurance and landlord insurance lies in the intended purpose and cover. The main difference between home insurance and landlord insurance lies in the intended purpose and cover. Landlord insurance: specifically tailored for properties that are being let to tenants.