What does Guaranteed Replacement mean?
In the event your home is completely destroyed by a fire, you’ll want to be sure it’s replaced with a home tha thas the same square footage, updates, and features. In Nashville, frequently homes are either over-insured or under-insured. Before we write your policy, we’ll recalculate the replacement cost of your home using the most recent construction data for your zip code. Once we establish the updated replacement cost, we’ll design a policy that includes Unlimited Guaranteed Replacement. This policy endorsement guarantees that your new home will be rebuilt with the exact feature specifications of your current home. Inflation Guard is also included, which allows your dwelling coverage to keep pace with inflation from year to year.
