--- title: Condo Association Insurance Claims - How is Property Valued? description: What are the different ways condo association insurance companies can value property? --- [![CondoAssociation logo](https://www.condoassociation.com/hs-fs/hubfs/CA%20Logo%204c_md.png?width=600&height=225&name=CA%20Logo%204c_md.png "CondoAssociation logo")](https://www.condoassociation.com/) ### Get an Insurance Quote Now! ## Condo Association Insurance Claims - How is Property Valued? - [Tweet](https://twitter.com/share) [Roger Chase](https://www.condoassociation.com/condo-association-insurance/author/roger-chase) on Jun 4, 2009 3:00:00 PM 0 comments [Condo Association Insurance](https://www.condoassociation.com/condo-association-insurance/topic/condo-association-insurance) For [condo association insurance](https://www.condoassociation.com/condo-association-insurance) - in the event of a loss of covered property, the payment of the policyholder will be valued based on: - Guaranteed Replacement Cost - replacement cost with no limit and does not state a specific property limit - Replacement Cost - payment for the loss is based on the actual replacement and may be limited to stated value - Actual Cash Value - loss payments are based on the cost of new product, less depreciation and usage ### 0 comments [Leave a comment](https://www.condoassociation.com/condo-association-insurance/tabid/81732/bid/5917/condo-association-insurance-claims-how-is-property-valued.aspx#comment-form) Get an Insurance Quote to insure your HOA or Condo Association property.  We can also provide comprehensive coverage including D&O board member protection. Fill out the short form: - Get a call from our insurance group - Receive quotes from the biggest carriers - Free service - no obligation on your behalf Information needed for a competitive quote from our insurance carriers: - Declaration Pages from your Current Insurance Policy - Copy of Association Bylaws - Annual Gross Income of Association - Age of Property - Approximate Property Square Footage - Information regarding recent Property System Replacements or Upgrades including Roof, Heating & Air, Electrical, Windows, etc... Contact us at [info@condoassociation.com](mailto:info@condoassociation.com)  ### Recent Posts