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Este documento proporciona fórmulas para calcular el costo de reemplazo de proyectos de construcción y rehabilitación, incluyendo detalles sobre costos conocidos y desconocidos, tarifas de consultoría,
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How to fill out replacement cost by formula:

01
Determine the current cost of the item or property that needs to be insured.
02
Calculate the depreciation value of the item by using a formula or depreciation table.
03
Subtract the depreciation value from the current cost to determine the replacement cost.
04
Fill out the replacement cost by formula by inputting the current cost and depreciation value.

Who needs replacement cost by formula:

01
Homeowners or property owners who want to insure their property for its full replacement value.
02
Business owners who want to insure their assets for their current market value.
03
Individuals who want to accurately assess the replacement cost of their valuable belongings for insurance purposes.
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Replacement cost by formula is the method used to calculate the cost of replacing damaged or destroyed property with similar property at current market prices.
Insurance companies and policyholders who have filed a claim for property damage are generally required to file replacement cost by formula.
To fill out replacement cost by formula, you need to determine the current market value of the damaged property and calculate the cost of replacing it with similar property. This information is then reported to the insurance company or the appropriate authorities.
The purpose of replacement cost by formula is to ensure that the value of damaged or destroyed property is accurately assessed and that the appropriate compensation is provided by the insurance company.
The information that must be reported on replacement cost by formula includes the current market value of the damaged property, the cost of replacing it with similar property, and any supporting documentation or evidence.
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