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If your home is insured for $100,000, which includes your roof, and you have 125 percent extended replacement cost coverage, you actually have $125,000 in coverage, should the $100,000 not be ...
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
A roofer, roof mechanic, or roofing contractor is a tradesman who specializes in roof construction. Roofers replace, repair, and install the roofs of buildings, using a variety of materials, including shingles, single-ply, bitumen, and metal. Roofing work includes the hoisting, storage, application, and removal of roofing materials and ...
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