What is Extended Replacement Cost?
![extended replacement cost](https://www.partnersinsuranceinc.com/wp-content/uploads/sites/75/2023/10/What-is-Extended-Replacement-Cost-1000x1000-1-768x768.png)
Updated June 16, 2024 For homeowners insurance, there’s a pivotal coverage that’s gaining traction, especially in the face of unpredictable natural disasters and fluctuating market dynamics: Extended Replacement Cost. But what is it, and why is it becoming increasingly essential…