A Home is usually a person’s most valuable investment. It also represents part of one’s way of life, a means of storing precious property obtained over a lifetime. Most modern residential policies recognize this and cover the House and Personal Property at Replacement Cost. Further, the policy covers the additional costs of maintaining that lifestyle while the property is being repaired or replaced. We at Merlin Law Group typically find that there are “many valuable benefits available under Residential Policies that often go unclaimed because people do not understand how the coverage works.”