The purpose of homeowners insurance, like other types of insurance, is to get you back to status-quo if an unexpected loss occurs. You pay a monthly or yearly premium in exchange for their promise to put you back where you were before the loss. With replacement cost coverage, the insurance company is obligated to replace your roof at today’s cost, not just pay what your old roof was worth. Filing a claim can seem overwhelming so it pays to have an expert who can advocate for you when questions come up.
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