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When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

Worters, Vice President, Media Relations, Triple-I Vacant homes often carry more risk than meets the eye. If a home will be vacant for an extended period, whether due to a sale, relocation, inheritance, or renovation, its essential to inform your insurance carrier and review your coverage options. By Loretta L.

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Replacement Cost Value vs. Actual Cash Value When it Comes to Home Insurance

Wren Insurance Agency

At Wren, because we are protection minded, we always quote our home insurance policies using Replacement Cost Value (also known as RCV) on contents, versus Actual Cash Value (ACV). Now, due to a claim (tied to a weather event, fire, theft, etc.), As you can imagine, most items in your home lose value over time.

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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.