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Endsley Agency Blog: replacement cost

View the latest blog posts from Endsley Agency.

Tuesday, February 2, 2016

What is Replacement Cost vs. Actual Cash Value?

REPLACEMENT COST VS. ACTUAL CASH VALUE An Actual Cash Value policy is typically called a dwelling fire policy. In the event of a loss, whether partial or total, the insured will receive payment for the loss on an actual cash value basis. This means cost minus depreciation. READ MORE >>

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Endsley Agency \| 433 Walnut Street \| Coshocton, Ohio 43812 \| Phone: 740-622-1111 Lehigh-Endsley Agency \| 1309 4th St NW \| New Philadelphia, OH 44663 \| Phone: 330-343-7033 Lehigh-Endsley Agency \| 212 Gardner Avenue \| Uhrichsville, OH 44683 \| Phone: 740-922-4048	Powered by Insurance Website Builder