This clip is about how your homeowners insurance policy reimburses you for damage to your property after a covered loss. Both forms of coverage help you after a covered loss, but actual cash value policies are based on the items' depreciated value while replacement cost coverage does not account for depreciation.
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Mike Mills | Verity Mortgage
Branch Manager
NMLS 756263
1557 E. Broad Street Suite 103, Mansfield TX, 76063
OFFICE: (817) 557-2023
CELL: (817) 689-6079
EMAIL: mike@veritymortgage.com
