Hello friends, post with entry 66 - Today's post talks about the differences between…
Hello friends,
Post with 66 value -
Today's post talks about the differences between type insurance policies
DP1
DP3
Differences:
DP1 insurance policy -
Is considered cheaper than its counterpart -
And in the event of a total loss of property in the event of a total fire, hurricane or earthquake -
The compensation will be considered as
ACTUAL CASH VALUE -
ZA - The insurance company will calculate a depreciation from the appraiser's valuation for valuation of compensation for loss of property.
DP3 insurance policy -
Is considered more expensive -
In case of complete loss as described above -
The compensation calculation will be approximately
REPLACEMENT COST -
ZA - The calculation of compensation will not be calculated with depreciation -
But full compensation by appraiser's assessment.
It is important to note,
All of the above does not constitute a recommendation or substitute for consultation with a qualified insurance agent.
Good friends
Link to the original post in the United States Real Estate Forum on Facebook - Works on a desktop computer (To view the post must be members approved for the forum):
http://bit.ly/2ImEdSJ
The original responses to the post can be read at the bottom of the current post page on the site or in the link to a post on Facebook and of course you are invited to join the discussion
thanks Michael. Definitely renewed! We have learned something new, and there is no doubt that such an excellent value will be added to Nafdia Real Estate! Be strong and courageous ! May the force be with you!