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Full Replacement Value Coverage
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MovingService: Full Replacement Value Coverage
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How much money per $1,000 of value, you will need to pay to protect your household items for their full replacement value in the event of loss/damage. This means the full cost to you to purchase a new replacement for a damaged item. Full replacement value does not consider the how depreciated the item being covered is. Almost all FRVC Policies dictate that the entire load be covered, not just specific items.
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