insurancequestion
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- 78
Does anyone know if State Farm offers Actual Cash Value OR Replacement Cost on personal property?
Does State Farm offer ACV or Replacement on Personal Property?
- Thread starter insurancequestion
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- 2,639
Actually, both options are included. I have a copy of SF's homeowners policy FP-7955 (attached). See Page 12.
You can check with a State Farm agent for a current policy form if that one isn't current or you can read your customer's policy.
You can check with a State Farm agent for a current policy form if that one isn't current or you can read your customer's policy.
- 5,299
I assume this is for a homeowners policy? For a homeowners policy on standard paper, then rcv is typical. Now, say, if it was an inland marine policy, acv is the norm.
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