Quote:
Originally Posted by CoachKandSportsguy
Dropped the personal property replacement coverage to 40% from 75% of house replacement value. House replacement remains the same.
not sure if it was clear
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Confused. Say house is worth $ 100,000 equal to replacement cost.
If home is destroyed you get $ 40,000 down from 75,000.
Now what? Not enough proceeds to rebuild and person may or may not have funds to rebuild.