A Recent Story   Recently a couple in our community had a massive fire. The fire started from an electrical short in their wiring and burned through their attic, kitchen, one bedroom and part of their living room. The damage left them with debts totaling around $120,000.. The payout for their claim totaled approximately Read more about How Do Actual Cash Value Policies Payout Claims?[…]

  You have two choices when it comes to a home insurance policy–Replacement Cost Policies or Actual Cash Value (ACV) policies. I’m not a big fan of Actual Cash Value policies. The reason I don’t like those type of homeowners policies is because they don’t meet most people’s expectations. Sure there’s the occasional person who Read more about How Do Home Insurance Replacement Cost Policies Pay Out?[…]