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February 23, 2012

Homes: Understanding Market Value vs. Replacement Value

I have previously written a post about replacement value of your belongings.  This post is about the replacement cost of your home. (you can see the other post here: http://mannoinsurance.wordpress.com/2010/04/27/replacement-cost-vs-actual-cash-value/ ) Here is a conversation I have with many people.  I ask “How much would it cost to rebuild a similar home in the event of …continue reading