Home ⏵ Glossary Terms ⏵ FUNCTIONAL REPLACEMENT VALUE

FUNCTIONAL REPLACEMENT VALUE

The amount it would cost to replace the property with other property that would function the same but might not be the same kind or quality. Functional replacement cost is used when true replacement cost is not feasible.

Get Started

Follow these simple steps to get started.

Create Account: Step 1 of 3

First Name

First name is required

Last Name

Last name is required

Email Address

Email address is required

Agency Name / Organization

Agency Name / Organization is required

Your Job Title

Your Job Title is required

State

State is required

# of Employees

# of Employees is required

Phone Number X (XXX) XXX-XXXX

Phone Number is required

Schedule A Demo

Give HATS a try, on us.

Buy Now

You know it's worth it!

FUNCTIONAL REPLACEMENT VALUE

Product

Resource Center

Company

Connect