Natural disasters like last weeks tornados always get me to thinking about homeowner’s insurance (especially when a tornado does major damage only a few miles from my home).

I thought the topic of this video was particularly relevant considering all the property damage I was seeing on TV. We tend not to think about these things until we’re at their mercy.

Home Owner’s Insurance- Replacement Cost Vs. Actual Cash Value


VideoJug: What’s the difference between “replacement cost” and “actual cash value”?

Makes you wonder what it says in your homeowner’s policy, doesn’t it?