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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...

    Actual cash value vs. replacement cost value. ... For example, if your coverage limit was up to $200,000, but the cost of rebuilding your home is $250,000, an extended replacement cost endorsement ...

  4. How to read a homeowners insurance policy

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

    For dwelling and personal property coverage, either replacement cost or actual cash value applies. With replacement cost value, the home or personal property would be covered for the cost to ...

  5. 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 ...

  6. 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.

  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]

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