Will my policy pay to replace my belongings?

The value of most of your belongings decreases over time.* With Allstate homeowners insurance,
you‘re able to choose one of the personal property coverages below:

• Actual Cash Value

  typically means your belongings* are covered for their replacement cost minus
  depreciation. (Depreciation is the decrease in the item‘s value due to its age, condition or other factors.)

• Reimbursement Provision

  typically means your belongings* are covered for the amount it would
  take to replace them at the time of the claim.
  • First, we pay you for the Actual Cash Value of the item
  • When you replace the item, we issue a separate check for the remaining amount needed to make
    the purchase

Other things to know.

• To review which type of coverage you have, look at your Allstate Policy Declarations
  under Personal Property
• Premiums are usually higher for Reimbursement Provision
• With either type of coverage, a deductible will apply.