Coverage
A+
Typically,
the average insurance company defines “Replacement Cost”
as the amount necessary to repair or replace a building,
up to the amount of coverage purchased. At MetLife Auto
& Home, we are committed to protecting you better. We know
you wouldn’t want to face substantial out-of-pocket costs
in the unfortunate event of having to rebuild your home.
We know that building costs change over time. So, we provide
Coverage A+, to more fully safeguard you and your family
against financial loss, should you need to repair or reconstruct
your home. With Coverage A+:
- The
maximum coverage equals the replacement cost at the time
the repair is made.
- You
can rebuild your house with materials of “like kind and
quality.”
- The
amount of insurance for your house meets the current construction
costs to rebuild it.
(1)
1)
Please see your policy for restrictions.