Top 10 Problems With Homeowner Insurance
Posted: April 3, 2013
Actual Cash Value vs. Replacement Cost for roof claim – More and more Insurance companies are reducing coverage for your hail damage claim. Instead of paying for a new replacement roof, many companies are paying a depreciated settlement, or Actual Cash Value. This means that your 10 year old roof may only be worth $2500 in actual value (used) but it may cost...