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Getting Smart With Money: Behind the Scenes with Paula Pant

The Stacking Benjamins Show

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The Difference Between Replacement Value and Residual Value

I think the biggest thing is the difference between replacement value and residual value. Most people are find out far too late that their house is usually not insured for flooding. I think it's really important to understand kind of what your responsibility is there in terms of how much you have to pay before you get to start a claim.

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