Actual Cash Value (Glossary Word)
Actual Cash Value
A calculation of value that pays damages equal to the replacement value of damaged property minus depreciation. Depreciation includes diminishment in value due to time and wear.
Other users searching for also searched for some of the following glossary words and FAQs.
Things change and your insurance protection should keep up. Our wizard will help you review your risks and evaluate your insurance needs in just a few minutes. 
