Money

CityPress - - Business -

When you in­sure your home, it is worth­while to have an eval­u­a­tion done by an es­tate agent to check that you are in­sured for the re­place­ment value and not nec­es­sar­ily for the mar­ket value. The mar­ket value is the price that your home can be sold for, but the re­place­ment value is what it would cost you to re­store the house to its orig­i­nal con­di­tion if it is com­pletely de­stroyed.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.