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  2. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    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 ...

  3. How to shop for homeowners insurance: A step-by-step ... - AOL

    www.aol.com/finance/how-to-shop-for-homeowners...

    💡Expert tip: Consider extended replacement cost coverage (10% to 50% above your dwelling limit) to protect against inflation and rising building costs. Assess your personal property needs.

  4. Furnace (central heating) - Wikipedia

    en.wikipedia.org/wiki/Furnace_(central_heating)

    The second category of furnace is the forced-air having atmospheric burner style with a cast-iron or sectional steel heat exchanger. Through the 1950s and 1960s, this style of furnace was used to replace the big, natural draft systems, and was sometimes installed on the existing gravity duct work.

  5. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    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 ...

  6. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    The cost of homeowner's insurance often depends on what it would cost to replace the house and which additional endorsements or riders are attached to the policy. The insurance policy is a legal contract between the insurance carrier (insurance company) and the named insured(s). It is a contract of indemnity and will put the insured back to ...

  7. Electric arc furnace - Wikipedia

    en.wikipedia.org/wiki/Electric_arc_furnace

    The low capital cost for a mini-mill—around US$140–200 per ton of annual installed capacity, compared with US$1,000 per ton of annual installed capacity for an integrated steel mill—allowed mills to be quickly established in war-ravaged Europe, and also allowed them to successfully compete with the big United States steelmakers, such as ...

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