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actual cash value

The cash value of an improvement for insurance purposes. It equals the cost of replacing something minus the wear and tear.

Related information about actual cash value:
  1. Actual cash value - Wikipedia, the free encyclopedia
    In the property and casualty insurance industry, Actual Cash Value (ACV) is a method of valuing insured property. Actual Cash Value (ACV) is computed by ...
     
  2. Actual Cash Value vs. Replacement Cost Explained
    There are several different methods by which your insurance company may calculate the amount it will pay you for a loss. Payment based on the replacement ...
     
  3. Actual Cash Value Definition | Investopedia
    The amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. It is the actual value for which the property ...
     
  4. Actual Cash Value
    When looking at property insurance, one may come across the term 'actual cash value' that is used to describe how an insurer is going to pay on a policy. This is ...
     
  5. Tips for Negotiating the Actual Cash Value of Your Car - CarsDirect
    Aug 3, 2009 ... Don't let your insurer have the last word on your car's actual cash value when there's often room for negotiation. Learn about ACV vs.
     
  6. actual cash value (ACV) - Insurance Glossary
    actual cash value (ACV) - In property and auto physical damage insurance, one of several possible methods of establishing the value of insured property to ...
     
  7. Actual Cash Value And Auto Claims - Auto Insurance Guide at DMV ...
    Learn More About Getting The Actual Cash Value When Making Auto Claims. We Simplify Info On Accident Claims, Car Value And Car Insurance If You Are ...
     
  8. Homeowners Insurance Claims: Replacement Cost vs. Actual Cash ...
    Feb 16, 2012 ... Actual Cash Value is the replacement cost of property less depreciation. At the time of a loss with an actual cash value policy, the insurance ...