If your property Insurance has Replacement Cost Valuation (RCV) clause your damaged property will be compensated:

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

If your property Insurance has Replacement Cost Valuation (RCV) clause your damaged property will be compensated:

Post by answerhappygod »

If your property Insurance has Replacement Cost Valuation (RCV) clause your damaged property will be compensated:

A. Based on the value of item on the date of loss
B. Based on new, comparable, or identical item for old regardless of condition of lost item
C. Based on value of item one month before the loss
D. Based on the value listed on the Ebay auction web site
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top

This topic has 1 reply

You must be a registered member and logged in to view the replies in this topic.


Register Login
 
Post Reply

Return to “Archived Questions & Answers”