Posts Tagged ‘Replacement Cost’
UNDERINSURANCE – A FINANCIAL RIP CURRENT
Discover the costly consequence of an underinsured homeowner policy. Learn what homeowners need to know about adequate property insurance limits. Underinsurance. One word that seems self-explanatory, but in fact, is woefully misunderstood. So much so that some homeowners believe their property limit should reflect market value, rather than the cost to repair and/or replace. An…
Read MoreWhy Are the Values of My Buildings Going up Faster Than Inflation?
Over the last 18 months I have heard time and time again that the increase in my apartment, strip center or office building’s value(s) is/are being increased too much. These unverified statements can create issues at renewal if they are not addressed beforehand. What is driving higher than normal building value increases? A number of…
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