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 ...

Actual cash value vs. replacement cost: Which renters policy saves you money? The world of insurance can often feel like deciphering an overly complex text. The field is dense, confusing, and ...

When a fire, storm, or burst pipe takes out your house, the number that matters most is not what your home would sell for, ...

Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...

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 ...

Extended replacement cost coverage is worth considering if you want an extra buffer against being underinsured. Many, or all, of the products featured on this page are from our advertising partners ...

Ana has 20+ years of experience covering home improvement and business topics for U.S. and international media. She’s been published in U.S. News & World Report, The American Scholar Magazine, ...

Tori Addison is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic ...

Actual cash value vs. replacement cost: Which renters policy saves you money? The world of insurance can often feel like deciphering an overly complex text. The field is dense, confusing, and ...