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2. Actual cash value - AOL

   www.aol.com/finance/actual-cash-value-211544742.html

   An actual cash value homeowners insurance policy is a great option if you’re on a budget since your premium will be lower than with a replacement cost homeowners insurance policy. If you don’t ...

3. 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 ...

4. Actual cash value - Wikipedia

   en.wikipedia.org/wiki/Actual_cash_value

   Actual cash value. In the property and casualty insurance industry, actual cash value (ACV) is a method of valuing insured property, or the value computed by that method. Actual cash value (ACV) is not equal to replacement cost value (RCV). Actual cash value is computed by subtracting depreciation from replacement cost. [1]

5. 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 ...

6. Replacement value - Wikipedia

   en.wikipedia.org/wiki/Replacement_value

   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 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 ...

7. Home insurance - Wikipedia

   en.wikipedia.org/wiki/Home_insurance

   Homes covered by an HO-2 Broad policy accounted for 5.15%, which covers only specific named perils. The remaining 2% includes the HO-1 Basic and the HO-8 Modified policies, which are the most limited in the coverage offered. HO-8, also known as older home insurance, is likely to pay only actual cash value for damages rather than replacement. [13]