Replacement cost coverage is designed to replace your mobile home with a new mobile home of like kind and quality. 

In most cases, the Replacement Cost of your mobile home is much higher than the sales or purchase price. This is because a NEW home is worth more than a used home.

When considering a Replacement Cost Policy, Unless the home being insured is new, the purchase price of the home should not be considered.

Replacement Cost coverage is generally a better value than ACV or “cash value” coverage. It eliminates a significant depreciation risk at time of loss and is preferred by lenders. 

In most cases, the company providing the quoted coverage does not write cash value policies and therefore requires us to quote your coverage at Replacement Cost.

(714) 545-0200

(800) 660-0204 from within California      

sales@hwbins.com