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Will home owners insurance repair or replace your home when it is damaged?
Wiki User
∙ 12y ago
It depends upon the cause of the damage or destruction.
An insurance policy is a contract. As such, it defines the scope of the losses, and the causes of loss, for which it will pay. It also specifies how much it will pay for stated kinds of damage. The policy also states that certain losses and causes of loss are excluded from coverage.
Therefore, there is not a uniform and all-includive answer to the question, It depends upon variety of factors.
Wiki User
∙ 12y ago
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