11 Jan Actual Cash Value vs. Replacement Cost Value – What is the Difference
Understanding Insurance Premiums
When it comes to investing, real estate property investors must consider what type of coverage they want on their properties. This episode discusses the difference between actual cash value and replacement cost value when it comes to a disaster. After all, insurance is designed to protect you from financial disaster. Understanding the meaning and relating the cost of the insurance premiums for each is very important.