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.If your policy has replacement cost coverage, you may receive additional payment after your repairs are completed. However, Liberty Mutual can only pay you for the items you can document after a loss has occurred. Need to make a mortgage or lienholder request on behalf of a client? Fill out our form online to begin. Replacement Cost Coverage: Does the Insured Have to Actually Repair or Replace the Lost or Damaged Property in Order to Recover the Full Replacement Cost? Liberty Mutual understands how much you value your personal property. Manage your account. Get an overview of your policy and bill, access a complete history of your documents, review your coverage, and much more.
