🏠 What They Don't Tell You About Home Insurance
Summary
This video explains the differences between 'actual cash value' and 'replacement cost value' home insurance policies through a dramatized example of a homeowner filing a claim after a house fire. The host emphasizes the importance of knowing what type of coverage you have to avoid being underpaid when disaster strikes. The example also reveals the implications of choosing a higher deductible to lower monthly premiums.
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Curated by Learn STR by GoStudioM