When a storm, fire, or burst pipe wrecks your home, the difference between walking away financially whole and taking on new debt often comes down to five words in your policy: replacement cost or ...

If you have to file a homeowners insurance claim to replace damaged, destroyed or stolen items, you might be surprised to learn your policy doesn't necessarily cover the full cost of a replacement.

When a storm, fire, or burst pipe wrecks your home, the most important line in your policy is not the deductible, it is whether your payout is based on replacement cost or actual cash value. That ...

Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...