#ReplacementValue and #ReplacementCost essentially refer to the same concept. Both terms describe the amount needed to replace damaged or lost property with new property of similar kind and quality, without #accounting for #depreciation.

Is there a specific context or type of property you’re looking into for replacement value coverage?

Sincerely,

Harpreet Singh, Most lovable ❤️ Insurance Broker in Ontario

Phone – 6476217890

Email – insurancechampion@outlook.com

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