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The differences between “market value” and “replacement cost” – and how they impact your home’s insured value - Townley Kenton | Atlanta Insurance
Spoiler alert: When you call us to review your Atlanta home insurance, the amount of coverage we will advise you to carry is most likely not going to equal the amount for which you bought your home. Why is that? To begin, we need to differentiate between two key terms: market value and replacement cost. Market Value Simply put, market …