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Updated over 3 years ago,
Toni ConwayPoster
Pro Member
- Rental Property Investor
- SF Bay CA - Investing OOState
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HOI -- ACV or Replacement Cost??
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 :-)