Common use of Repair or Replacement Cost Without Deduction for Depreciation Clause in Contracts

Repair or Replacement Cost Without Deduction for Depreciation. If the following conditions are met, we will pay the cost, at the date of the occurrence, to repair or replace, whichever is lower, the property covered under “Coverage A – Dwelling Building” or “Coverage B – Detached Private Structures”.

Repair or Replacement Cost Without Deduction for Depreciation. If the following conditions are met, we will pay the cost, at the date of the occurrenceloss, to repair or replace, whichever is lower, the property covered under “Coverage A – Dwelling Building” or “Coverage B – Detached Private Structures”.

Repair or Replacement Cost Without Deduction for Depreciation. If the following conditions are met, we will pay the cost, at the date of the occurrence, to repair or replace, whichever is lower, the property covered under “Coverage A – Dwelling Building” or “Coverage B – Detached Private Structuresand Improvements and Betterments”.