Understanding The Importance of Flood Insurance

Floods are natural disasters that can cause extensive damage to homes and properties, leaving homeowners with significant financial burdens. While standard homeowners’ insurance may cover certain perils, it often excludes floods. That’s where flood insurance comes in.   Flood Facts: The…

Actual Cash Value vs. Replacement Cost Value

As a homeowner, it’s important to understand the different types of coverage available to protect your investment. Two key terms to know are actual cash value (ACV) and replacement cost value (RCV). While they may sound similar, there are significant…

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