• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Post A Job

Agency Checklists

Massachusetts Insurance News & Job Opportunities

  • AC Interviews
  • Agency M&A
  • Career News
  • CAR News
  • DOI News
  • Coverage Cases
  • Innovation
  • InsurOp-Eds
  • AC Podcast
You are here: Home / CM Tooltip Glossary Pro+ / Replacement cost

Replacement cost [RC]

January 30, 2026 by AC Editor

Categories: property

Valuation basis that may require actual repair/replacement per policy terms.

Synonyms:
RC
Related Articles:
  • Personal Lines Insurance Rates On The Rise According to MarketScout
    March 14, 2012 - The insurance exchange MarketScout has begun monitoring personal lines insurance rates.
  • New Insurance Industry Projections Forecast Continued Underwriting Challenges
    Personal Auto Continues to Drag Down Industry Results
  • MA Home Insurance Part II: How The FAIR Plan Fared in 2021
    An 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 Ambiguous
    An 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 Review
    FAIR Plan Participation Decreased Substantially From 2019 to 2020
  • InSurOp-Ed: An Agent Call To Action: Underinsurance
    The latest article from Mr. Wilson's blog features a guest article from John Putnam, CPCU, a Colorado insurance consultant and former agent.
  • InSurOp-Ed: Another Cautionary Tale of Underinsurance
    The Colorado family that lost their home was insured by Liberty Mutual.
  • Daughter Denied $142,000 Loss Under Dad’s Gloucester Homeowner’s Policy Because Not A “Household Member” Per Policy Terms
    The 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.
  • The Hanover Adds Motorcycle Insurance to Personal Lines Product Suite
    Motorcycle coverage also has been added to the Hanover's Prestige offering.
  • MA Home Insurance Report Part II | MA FAIR Plan
    Participation in the Mass. FAIR Plan decreased in 2019.

Primary Sidebar

Search Our Archives Here

Job Board

Career News

Gavin McPhail, Vice President and Chief Data Officer at Plymouth Rock Assurance.

Plymouth Rock Assurance Strengthens Leadership Team with Three Strategic Appointments 

G. Quinn Landers appointed Senior Vice President and Chief Claims Officer at The Andover Companies

The Andover Companies Appoints G. Quinn Landers Senior Vice President and Chief Claims Officer

Nick Fyntrilakis, President and CEO of the Massachusetts Association of Insurance Agents

Governor Healey Appoints Nick Fyntrilakis to Massachusetts Convention Center Authority Board

View All

MA Division of Insurance Advertisements

Official notice on Commonwealth of Massachusetts Division of Insurance letterhead dated July 1, 2026, regarding license amendment for OBI America Insurance Company at Plymouth, MN address for Accident and Health insurance in the Commonwealth.
Official notice from the Commonwealth of Massachusetts Division of Insurance about OBI National Insurance Company’s license amendment, dated July 1, 2026, with address block and filing instructions.
Official Massachusetts Division of Insurance notice to General Security National Insurance Company about amending its foreign license to transact property and casualty insurance, dated July 1, 2026.

Listen Now

Sponsor

Interviews

From Nuptials, Tickets, and Taxes to Trusted Advisor: One Agency’s Unique Path to P&C Success

A Conversation with Evan Silverio, President & CEO of Silverio Insurance Group

Deland, Gibson Celebrates 125 Years: A Conversation with CEO Chip Gibson

The Fourth-Generation Family-Owned Agency is Based in Wellesley

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual | Agency Checklists

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual

Mr. Welch is CEO of Massachusetts-based Hospitality Insurance Group

Born and Bred in the Bay State: The Special Agent Story

Our Latest Agency Interview is with the Founder & President of Special Agent

A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year

Daniel Bridge is Board Chair, President, and CEO of Vermont Mutual Insurance Group

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Our latest Agency Interview is with Nadeen Vella, the founder and owner of a virtual scratch independent agency.

View All

InsurOp-Eds

Agency Checklists, MA Insurance News, Mass. Insurance News, Safeco, Victor Pepin, how to become a Safeco agent in Massachusetts?

InsurOp-Ed – How to Guarantee a Bright Future for Your Independent Agency

By AC Editor

InsurOp-Ed: Shrinkflation and Insurance

InsurOp-Ed: Shrinkflation and Insurance

By Bill Wilson

InSurOp-Ed: Auto Insurance and Resident Adult Children

By Bill Wilson

InSurOp-Ed: What ChatGPT Says About Exclusions in Insurance Policies…

By Nina Kallen

View All

In Memoriam

Gordon Elliott Taylor, longtime owner of the Blackmer Insurance Agency in Shelburne, Massachusetts, who served the local insurance community for decades.

In Memoriam: Gordon Elliott Taylor

William R Berkley founder of W R Berkley Corporation and leader in commercial insurance industry

W. R. Berkley Corporation Announces the Passing of Its Founder and Executive Chairman, William R. Berkley

Michael R Quinn longtime leader of Allan M Walker Insurance Agency in Taunton Massachusetts

Taunton Insurance Leader Michael R. Quinn Dies at 70

Footer

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2026 · Agency Checklists · All rights reserved.