ACV vs. RCV: Which is Better for Insurance Customers?

ACV vs. RCV: Which is Better for Insurance Customers?

When choosing an insurance policy for many different types of insurance, you’ll need to decide whether to go with Actual Cash Value (ACV) or Replacement Cost Value (RCV) coverage for your property. These terms determine how much money you’ll receive when you file a claim for damaged, stolen, or lost items. While this decision is often discussed in the context of homeowner’s insurance, it applies to many other types of insurance as well. Let’s talk about why Replacement Cost Value (RCV) is typically better for customers across the board.

Homeowner’s Insurance 101: A First-Time Homebuyer’s Guide

Homeowner’s Insurance 101: A First-Time Homebuyer’s Guide

Along with the thrill of homeownership comes a list of new responsibilities, including finding the right homeowner’s insurance. Understanding what homeowner's insurance covers, the options that are available to you, and how to get started can feel overwhelming, so Navisure Insurance Group has put together this guide to help you make informed choices as a first-time buyer.

What Insurance Do You Need for Short-Term Rental Properties?

What Insurance Do You Need for Short-Term Rental Properties?

Many people are choosing to rent out their homes as vacation properties for short-term stays through platforms like Airbnb or VRBO. In some locations it can be a very lucrative venture, especially during certain times of the year like summer vacation or holiday weekends. Unfortunately, short-term rentals are not without their risks. Broken windows, guest injuries, or property damage could cost you dearly. To protect the investment you’ve made in your property, you need to have the right insurance coverage.