« Term Life Shopping | Main | Insurance »

April 07, 2007

Replacing Your

The main determining factor is whether your policy is a replacement cost value policy or an actual cash value policy. If you have an actual cash value policy, it will not. Actual cash value is also known as the fair market value. Fair market value is basically the amount that a a buyer would pay for your home.

From Replacing Your

Posted by Jason at April 7, 2007 12:28 PM