kpbdy99
Super Genius
- 160
Hi everyone. I can't seem to find this stat anywhere - what % of homeowner's claims turn out to be a total loss; i.e, a smoking hole where the house used to be? Any suggestions? Thanks !
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Yeah, you can cite meThanks. Do you have a source for that?
More like "greater cost to repair than Dwelling limit". Market value is irrelevant to a homeowners policy.If you are thinking in a similar way as auto loss, you would be looking for how many home losses have greater cost to repair than Market value.
And that is exactly my point with the question. Auto Total Loss is easy to understand. Home Total Loss???More like "greater cost to repair than Dwelling limit".