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Not everyone needs insurance up to the full replacement value of a home.
The results are defined as a percent of building replacement value.
He decided to pay his workers based on productivity, not replacement value.
"We were able to buy it at a pretty good discount to replacement value," he said.
She said that even if the cost is more than 50 percent of the replacement value, a waiver may be possible.
Replacement value, which is about 20 percent more expensive, would provide enough money to buy an item of like kind and quality at current prices.
"And if the cleanup cost is more than 50 percent of the replacement value, we say replace it."
Even with the best of policies on the building - those providing replacement value - some exposure may remain, however.
"Why would we pay them replacement value for fully depreciated docks?"
In fact, court decisions have held that the average mature shade tree has a replacement value greater than $2,000.
Even the best rigs might not bring as much as half of replacement value, he said.
These policies usually pay either the replacement value or the insured value.
At replacement value, plus a reasonable profit I'm not totally ignorant about business.
If it's not located, you're entitled to full replacement value."
He did not ask for replacement value coverage.
"Yeah, I guess we can get replacement value, whatever that is," said Ernie.
Get an estimate on the replacement value of your truck, that sort of thing."
Organs are usually insured for their full replacement value against the risks of fire and special perils.
The current replacement value is defined as what monetary value the organization places on the facility.
"And if necessary we will accept replacement value," said Ms. Watson.
For insurance purposes, an appraiser usually lists replacement value.
"A Ferris wheel," the real estate agent said, "it's very difficult to put a replacement value on that."
This one scuppered my arguments by putting the replacement value at £1,200, much nearer to what you had paid.
Establishing the replacement value of some of the goods taken was also taxing.
Total Replacement value is more than $350-million.