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Updated almost 8 years ago,
Cash Value vs Replacement Insurance
hey everyone,
I'm purchasing my first investment property. It is a 2000 sq ft duplex I'm purchasing for $70000. I just got a $75,000 actual cash value insurance quote and a replacement insurance quote. The ACV is almost half the price, so it's what I'm leaning towards. is this a good decision?
- Jordan Sutherland