Features of property insurance | Insurance | Financial mathematics (TX TEKS) | Khan Academy

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Property insurance policies have different features and coverage, like replacement cost, which pays to fix or replace your home or belongings with new items, and actual cash value, which pays based on what your items are worth today. Other coverages include liability, which protects you if someone gets hurt on your property, personal property for your belongings, and additional living expenses if you need to stay somewhere else while your home is being fixed.

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