Friday, October 28, 2011

Ordinance of Law Coverage & Exclusion

By Lora Altonson Where persons lose their property in any destructive accident they believe that the insurance carrier would pay back whatever it compels to repair the lost property. This does not have to be valid if the property is insured under the ACV or Actual Cash Value procedure. If the basis of insurance policy coverage is Replacement Cost then the company will pay whatever it requires to

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