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Updated over 3 years ago,

User Stats

41
Posts
15
Votes
Toni Conway
Pro Member
  • Rental Property Investor
  • SF Bay CA - Investing OOState
15
Votes |
41
Posts

HOI -- ACV or Replacement Cost??

Toni Conway
Pro Member
  • Rental Property Investor
  • SF Bay CA - Investing OOState
Posted

I have a couple LTR/SFHs that I am carrying a Landlord policy on but recently my HOI carrier quoted me ACV instead "due to the age of the home".  I've done some research on the differences, but wonder from this amazing community, which is better.  

The home is a BRRRR in NC built in early 1900s. Is there significant benefit to carry one policy type over the other? Thanks in advance :-)

  • Toni Conway