Home > Term: guaranteed replacement cost coverage insurance
guaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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Creator
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
