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For example, if your coverage limit was up to $200,000, but the cost of rebuilding your home is $250,000, an extended replacement cost endorsement that covers up to 25 percent more than the policy ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
This percentage multiplied by the replacement cost equals the actual cash value. For instance, imagine a man bought a television set for $2,000 five years ago, which was unfortunately destroyed in a hurricane. His insurance provider estimates that televisions typically have a useful life of 10 years. Today, a similar television would cost $2,500.
Thicker grades of vinyl siding may, according to some, exhibit more resistance to the most common complaint about vinyl siding – its tendency to crack in very cold weather when it is struck or bumped by a hard object while others feel that a thinner product may allow more 'flex before cracking' and is a subject of debate. However, at "This ...
Seismic retrofitting is the modification of existing structures to make them more resistant to seismic activity, ground motion, or soil failure due to earthquakes.With better understanding of seismic demand on structures and with recent experiences with large earthquakes near urban centers, the need of seismic retrofitting is well acknowledged.
A turnbuckle, stretching screw or bottlescrew is a device for adjusting the tension or length of ropes, cables, tie rods, and other tensioning systems. It normally consists of two threaded eye bolts , one screwed into each end of a small metal frame, one with a conventional right-hand thread and the other with a left-hand thread.
The elastic section modulus is used to calculate a cross-section's resistance to bending within the elastic range, where stress and strain are proportional. The plastic section modulus is used to calculate a cross-section's capacity to resist bending after yielding has occurred across the entire section. It is used for determining the plastic ...
Home Improvement is an American sitcom television series starring Tim Allen originally aired on ABC from September 17, 1991, to May 25, 1999, ...