Many high-net-worth homeowners assume insuring their luxury property at its market value is sufficient protection. But when disaster strikes, that misconception can leave these homeowners with a catastrophic coverage gap. The only way luxury homeowners can guarantee a full recovery is to insure for what it actually costs to rebuild. A policy with replacement cost […] The post Insuring for Rebuild, Not Resale: Why Replacement Cost Coverage Is a Must for Luxury Homes appeared first on Acentria.
