What kind of insurance provides replacement value for personal possessions?

Responses

health insurance

health insurance

auto insurance

auto insurance

disability insurance

disability insurance

renter's insurance

1 answer

Renter's insurance typically provides replacement value for personal possessions. This type of insurance protects your personal belongings in case of theft, damage, or loss. It's important to check the specific policy details, as some policies may offer actual cash value instead of replacement cost.