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2. Roof insurance: ACV vs. replacement cost - AOL

   www.aol.com/finance/roof-insurance-acv-vs...

   Replacement cost value coverage is a bit simpler to understand than actual cash value for roofs. If you have a homeowners policy that covers your roof on a replacement cost basis, the insurance ...

3. What is home insurance replacement cost coverage? - AOL

   www.aol.com/finance/replacement-cost-coverage...

   The same policy may only cover your personal belongings at actual cash value (ACV), or their replacement cost minus depreciation, unless you opt to add home insurance replacement cost coverage for ...

4. RCV vs. ACV - AOL

   www.aol.com/finance/rcv-vs-acv-151138581.html

   Key takeaways. RCV (replacement cost value) and ACV (actual cash value) coverage refer to how your insurance company will assess value and pay to replace or repair damaged items following a ...

5. Property insurance - Wikipedia

   en.wikipedia.org/wiki/Property_insurance

   Replacement cost coverage pays the cost of repairing or replacing the property with like kind & quality regardless of depreciation or appreciation. Premiums for this type of coverage are based on replacement cost values, and not based on actual cash value. [5] Actual cash value coverage provides for replacement cost minus depreciation. [6]

6. Actual cash value - Wikipedia

   en.wikipedia.org/wiki/Actual_cash_value

   Actual cash value is computed by subtracting depreciation from replacement cost. [1] The depreciation is usually calculated by establishing a useful life of the item determining what percentage of that life remains. This percentage multiplied by the replacement cost equals the actual cash value. For instance, imagine a man bought a television ...

7. Replacement value - Wikipedia

   en.wikipedia.org/wiki/Replacement_value

   Replacement cost is the actual cost to replace an item or structure at its pre-loss condition. This may not be the "market value" of the item, and is typically distinguished from the "actual cash value" payment which includes a deduction for depreciation. For insurance policies for property insurance, a contractual stipulation that the lost ...