There are typically two types of renters insurance policies: actual cash value (ACV) and replacement cost value (RCV). ACV policies factor in depreciation when reimbursing a claim, while RCV policies cover the cost of replacing your items with new ones of similar kind and quality, without accounting for depreciation. Depending on your circumstances, you might want to secure special provisions or "riders" to your renters insurance policy for high-value items such as jewelry, art, or antiques. These provisions ensure that your most treasured possessions are fully covered. To get more info visit here