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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...

   Replacement cost value vs. market value. RCV and market value are not the same, especially when it comes to home insurance. Market value is the amount an appraiser deems a home or property is ...

4. How to read a homeowners insurance policy

   www.aol.com/finance/read-homeowners-insurance...

   Key takeaways. Your home insurance policy includes a declarations page and the policy jacket. Understanding replacement cost versus actual cash value can help you determine how your homeowners ...

5. Replacement value - Wikipedia

   en.wikipedia.org/wiki/Replacement_value

   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.

6. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Reproduction refers to reproducing an exact replica; replacement cost refers to the cost of building a house or other improvement which has the same utility, but using modern design, workmanship and materials. In practice, appraisers almost always use replacement cost and then deduct a factor for any functional dis-utility associated with the ...

7. 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]