You are probably aware that many items depreciate in value over time. When an insurance policy provides replacement cost coverage, claim settlements for a covered loss do not subtract any amount for depreciation. If a policy provides actual cash value coverage, claim settlements will take depreciation into account.

Replacement cost coverage generally will provide you with a claim settlement that allows you to purchase another item of like kind and quality. Actual cash value coverage will pay you for the depreciated amount of the item, which may not be enough for you to actually replace the item. Talk to your Western Customer Service representative about which coverage type best fits your needs and situation.

You should discuss this with your agent. If you choose replacement cost coverage, then your manufactured home must be insured for 100% of the cost to replace it with a new home of equal quality. If you choose actual cash value, then your coverage should be enough to replace it with a home of the same age and condition.

Yes.

If you have purchased limits of coverage for your personal possessions they are protected from the same causes of loss as your home itself. The settlement is for the actual cash value, as long as it does not exceed the limits in your policy. You can upgrade your policy to replacement cost coverage. You can also schedule selected higher priced items for increased coverage.

You should schedule any higher priced items that would go beyond the limits described in your policy. These could include furs, coins and other valuable collections, cameras, firearms, jewelry, art, computers, silverware, etc.

Yes. The policy your landlord buys to protect the structure does not cover your belongings. Our renters insurance covers your personal belongings and provides liability coverage.

Yes. We offer a seasonal home policy which is designed for any home that you use on a seasonal basis for less than five months in a row during the year.

Policies from most insurance carriers cover your appliances and HVAC only if they are damaged by a covered peril. Some policies also offer mechanical breakdown protection which covers these same items if they simply stop working. That can save you a lot of money for an unexpected repair or replacement. You pay just the deductible. Learn more.

Policies from most insurance carriers cover your appliances and HVAC only if they are damaged by a covered peril. Our policy offers breakdown protection which covers these same items if they simply stop working. That can save you a lot of money for an unexpected repair or replacement. You pay just the deductible.