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Author Question: A replacement cost rider is important to add to your homeowner's policy because (Read 104 times)

Lobcity

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A replacement cost rider is important to add to your homeowner's policy because


◦ it replaces property that breaks or otherwise stops working.
◦ in the event of a loss, your property is valued at the cost of replacement regardless of age or depreciation.
◦ it will pay you depreciated value plus inflation for your property loss.
◦ it is not important and is an expensive but low value rider.


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Marked as best answer by Lobcity on Apr 14, 2019

jjorrostieta

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Lobcity

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