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80 Of Home Value


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80 Of Home Value. The 80% rule dictates that for an insurance company to pay the replacement cost of damage to your home, you must have purchased. Learn more about this rule in home insurance.

Consider Stylish Ceiling Fans for Better Home Value
Consider Stylish Ceiling Fans for Better Home Value from www.msn.com

Under the 80% rule, you need at least $400,000 in dwelling coverage (80% of $500,000) to receive full insurance claim payments in the event of a partial loss. By ensuring your home is adequately insured for at least 80% of its replacement cost, you can avoid unexpected expenses and have peace of mind. To help, make sure you ask yourself these questions.

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Consider Stylish Ceiling Fans for Better Home Value

Most insurance companies will require you to insure your home for at least 80 percent of its replacement cost. By ensuring your home is adequately insured for at least 80% of its replacement cost, you can avoid unexpected expenses and have peace of mind. Most insurance companies will require you to insure your home for at least 80 percent of its replacement cost. The 80% rule dictates that for an insurance company to pay the replacement cost of damage to your home, you must have purchased.

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