Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z View All

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.

Save this word | Send to a friend | Ask a Question | View All Glossary Words

Other users searching for also searched for some of the following glossary words, FAQs and Risk Alerts.

Glossary Words

Depreciation
Totaled
Constructive Total Loss
Loan/Lease (Gap) Coverage

FAQs

What happens after I file a claim?
What happens after I file a claim?

Risk Alerts

Boat Insurance Basics
Life Insurance for Key Employees
Teenage Drivers - Getting Control, Getting a Contract
How should I choose what type of life insurance to buy?

Save this word | Send to a friend | Ask a Question | View All Glossary Words

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z View All