What is the main difference between replacement cost coverage and actual cash value coverage?
A)Replacement cost coverage does not consider depreciation.
B)Actual cash value does not consider depreciation.
C)Replacement cost coverage requires an endorsement to your policy.
D)All of the above are correct.
E)Only A and C are correct.

Question

Quizplus · Accepted Answer

Replacement cost coverage does not consider depreciation, and it requires an endorsement to your policy.

What Is the Main Difference Between Replacement Cost Coverage and Actual