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

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

   For example, if the replacement cost — not the amount that you paid for it originally, but the amount it would cost to replace it today — for your roof is $20,000, but the roof loses 5 percent ...

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

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

   Unlike actual cash value, replacement cost is designed to pay for new replacement items at current prices. Actual cash value only pays for how much the items are valued after factoring in ...

4. Recoverable depreciation in home insurance: What it is and ...

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

   Incident. Amount. Fridge value at the time of purchase in 2018 (i.e., its replacement cost) $1,500. Useful life. 14 years. Depreciation per year. $107 ($1,500 ÷ 14)

5. Actual cash value - Wikipedia

   en.wikipedia.org/wiki/Actual_cash_value

   Actual cash value (ACV) is not equal to replacement cost value (RCV). 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 ...

6. Replacement value - Wikipedia

   en.wikipedia.org/wiki/Replacement_value

   The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...

7. Federal roofing tax credit for energy efficiency - Wikipedia

   en.wikipedia.org/wiki/Federal_Roofing_Tax_Credit...

   The 2009 Federal Roofing Tax Credit is part of a twofold plan rolled out by the US federal government.The first goal was intended to stimulate the economy by motivating Americans to replace their roofs with more energy efficient roofs, thereby creating jobs by increasing the demand for labor in the roofing, manufacturing, and construction industries.