When your belongings are destroyed, damaged or stolen, you want to replace them with something similar or repair them to their original condition. That’s why Nationwide Insurance offers Brand New Belongings (formerly known as Extended Replacement Cost).
How Brand New Belongings works
Offered in connection with some homeowners, condominium and renters insurance policies, Brand New Belongings is an optional coverage that may help pay to replace or repair your covered belongings, regardless of age or condition.
With Brand New Belongings, you’ll receive a check for the actual cash value (the depreciated amount) of your covered item. After you purchase a new replacement item or have one repaired, simply send the receipt to Nationwide and we’ll pay you the difference.
Get your life back to normal faster with Brand New Belongings coverage from Nationwide Insurance.