We'll pay the replacement cost for items at the time of loss, then up to the full amount of the cost in today's market in the event of a covered loss. With Personal Property Coverage, you'll receive the actual cash value of covered personal property that needs to be replaced due to a covered loss.State specific property claims disclosures. Please find your state below to view your state specific claims information. Pays the actual cash value of covered personal property that needs to be replaced due to a covered loss. How- ever, most companies offer a replacement cost option for your personal property at additional cost. Investigate and evaluate onsite to resolve complex coverage and damage issues to include preparing complete estimates of repair for the covered damages. STEVEN BARNWELL AND BAMBI STETLER , Plaintiffs, v. LIBERTY MUTUAL INSURANCE COMPANY, Defendant. Get a quote with our partners at Liberty Mutual.