When a storm, fire, or burst pipe wrecks your home, the most important line in your policy is not the deductible, it is whether your payout is based on replacement cost or actual cash value. That ...

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 ...

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 ...

Replacement cost endorsements help homeowners protect the full value of their home and personal property. However, after a loss, most homeowners discover this coverage is not sufficient to replace ...

Actual cash value and replacement cost coverage can help cover the cost of lost or damaged property. Keep reading to learn which coverage is best for you. MarketWatch Guides may receive compensation ...