Homeowners Form HO 00 08—Archived Article

January, 2001

Repair Cost or Actual Cash Value

Summary: For many insureds the Insurance Services Office (ISO) HO 00 08 10 00 provides the best alternative to purchasing a replacement cost policy.  Those insureds with ornate homes built earlier in the century, or those with replacement values far exceeding market value, may be provided less costly insurance with this policy.

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