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insurance exam queen um i know had iamp;#39;m still learning the youtube technology so i know i had scheduled this for a few days ago and then i thought i had deleted it but itamp;#39;s still there so you guys are wanting to watch it okay so this video is about indemnity replacement cost and actual cash value so letamp;#39;s talk about indemnity here for a minute what is the goal of the insurance company the goal of the insurance company is that if our house burns down or we get a medical bill or whatever theyamp;#39;re going to pay for those things theyamp;#39;re going to take care of those things so letamp;#39;s just use a homeowneramp;#39;s example to keep it easy indemnity works for all right life health property casualty whatever but homeowners will be a little bit easier to talk about so if the whole house burns down the job of the insurance company is to rebuild the house so letamp;#39;s say i have a three-bedroom two-bathroom basic family home and it burns down indemnit