Replacement cost insurance definitions

Replacement cost insurance

Insurance that pays out the full amount required to replace damaged property with new property, without taking into account the depreciated value of the property.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosr.htm

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Replacement Cost Insurance

Insurance that pays out the full amount required to replace damaged property with new property, with
Found on http://www.encyclo.co.uk/local/22402

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