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Insurance Update for Homeowners

Beth Caldarello  |  April 21, 2023

Insurance Update for Homeowners

What we know:

• Building costs have been on the rise

• Many home insurance policies are based on market value or out-dated building costs

Does your homeowner's insurance account for inflation?

Please reach out to your insurer and find out if your policy is based on current replacement cost.

Learn more about replacement cost vs. market value here.

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