Categories: property
Valuation basis that may require actual repair/replacement per policy terms.
Synonyms:
RC
Related Articles:
- InSurOp-Ed: Another Cautionary Tale of UnderinsuranceThe Colorado family that lost their home was insured by Liberty Mutual.
- InsurOp-Ed: The Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An ExclusionNon-Residency Situations Can Arise Unexpectedly...
- New Insurance Industry Projections Forecast Continued Underwriting ChallengesPersonal Auto Continues to Drag Down Industry Results
- MA Home Insurance Part II: How The FAIR Plan Fared in 2021An update on the latest data for the MA FAIR Plan from the DOI's Annual Home Insurance Report.
- $15 Million High-Value Homeowner Policy Loss Leads Court to Rule PURE’s Reference Provision AmbiguousAn insurance coverage dispute involving the total fire loss in December 2020 of a 1905 hunting lodge built by hand with unique wood and stonework and insured for over $5 million and its contents for $2.2 million.
- The 2022 MA Home Insurance Report Part II | MA FAIR Plan ReviewFAIR Plan Participation Decreased Substantially From 2019 to 2020
- InSurOp-Ed: An Agent Call To Action: UnderinsuranceThe latest article from Mr. Wilson's blog features a guest article from John Putnam, CPCU, a Colorado insurance consultant and former agent.
- MA Home Insurance Report Part II | MA FAIR PlanParticipation in the Mass. FAIR Plan decreased in 2019.
- Daughter Denied $142,000 Loss Under Dad’s Gloucester Homeowner’s Policy Because Not A “Household Member” Per Policy TermsThe Massachusetts Appeals Court denied coverage for a $142,000 personal property claim arising out of a 2015 fire loss where the named insured’s daughter lived on the insured property, but did not qualify as an insured because she was not a household member.
- InSurOp-Ed: Am I Legally Liable?How do you answer questions like this: If ‘this’ happens, am I legally liable?
