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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. 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 ...

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

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

   Actual cash value vs. replacement cost value. ... Homeowners insurance companies do not use market value when calculating costs for dwelling or personal property coverage. With RCV coverage, the ...

5. 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 ...

6. 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 ...

7. Recoverable depreciation in home insurance: what it is and ...

   www.aol.com/finance/recoverable-depreciation...

   When looking to purchase home insurance or file a claim, you may encounter the terms replacement cost value (RCV) or actual cash value (ACV). If you have replacement cost coverage on your home ...