Guys, im new to P&C and keep running into this.
Actual Cash Value, I see almost 80% of prospects have policies like this. (Is this a worthless policy) What do you guys tell your clients when you see this? They are mainly hispanic clients.
Replacement Cost, have ran across very few policies written like this. I try to write all my new business like this.
Agreed Value, this seems like the solution for clients who don't want to insure a home for 200,000 and just the simple 40,000. (does this even exist)
The only problem I keep running into is I do not know if there are carriers who wr
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Actual Cash Value, I see almost 80% of prospects have policies like this. (Is this a worthless policy) What do you guys tell your clients when you see this? They are mainly hispanic clients.
Replacement Cost, have ran across very few policies written like this. I try to write all my new business like this.
Agreed Value, this seems like the solution for clients who don't want to insure a home for 200,000 and just the simple 40,000. (does this even exist)
The only problem I keep running into is I do not know if there are carriers who wr
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