I recently had burglary at my home. How to get the maximum out of insurance?
Friday, May 27th, 2011 at
9:45 am
Comments (1)
Question by cherry: I recently had burglary at my home. How to get the maximum out of insurance?
Have AAA home insurance . National vendors are coming up with the replacements for all the items. Have lost almost all that i had in my home but the insurance plan says either a replacement of the item or the depreciated price. What should i take ? Please share your experiences.
Chosen answer:
Answer by KMcG
Take the replacement item, it will be more than the depreciated value. Next time you renew your home owners ask about full replacement cost. Changing your coverage to that will cost maybe $ 50 more a year, but you won’t have to deal with any of that depreciated value.
If you know better then please let us know below.
