Insurance claims aren’t only just a pain to deal with, they can be extremely complicated and confusing to the typical property owner. You’ll see terms like actual cost value, recoverable cost value, depreciation, and many more that might seem intimidating…
Every month (or every year), you pay a lot of money to insure your home or business as required by law. So, by that logic, you are going to get the best of the best service and compensation from your…
Depreciation is the decrease in the value of an insurance claim based on the age of the items that were damaged during the loss. This means that it is the cost of what the insurance company believes to be what…
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