A product's life-cycle cost, including total operating run times, equipment repair records and accumulated repair costs, versus replacement cost over the product's estimated payback period - all this information can and should be collected for your analysis through your maintenance management programs.
The Jaskos conceded this point but claimed the insurance policy should be considered separate from the ownership of the home, and therefore the legal fees incurred to regain the house's full replacement cost should be deductible.
The addition of the Pronto replacement cost valuator into Agent Rating and Consumer Quote not only delivers accurate rates to consumers, it also provides a reliable accurate replacement cost estimate to agents with less effort.
360Value Renewal Insight uses property data derived from Property InSight (aerial imagerybased data packages with location-specific property details) to calculate current replacement cost estimates for policy renewals.
The Hartford Financial Services Group has begun using 360Value, a replacement cost tool developed by ISO subsidiary Xactware Solutions, to estimate replacement costs for all of its homeowners insurance business.
The court concluded that a promise made by an insurance agent or broker, in order to calculate the full replacement cost of a client's dwelling, imposed an obligation to fulfill the promise and found that the failure allowed the insured to receive damages for negligence and for violation of Washington's Consumer Protection Act (CPA).