Quote:
Originally Posted by pmax
Understood it's low.
But does the difference really matter ?
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I think it matters....
When the replacement differential becomes significant the additional premium is definitely worth it.
$52,000 assigned value = $4XX.00 / month
$80,000 assigned value = $8XX.00/ month
Mr Obvious moment: If a claim is for total loss you will receive $28,000 for $400 additional premium. If perceived risk is high this is well spent money.