Actual Cash Value: What It Means for Your Home Insurance
Actual cash value coverage pays for damaged property based on its depreciated value, not the cost to replace it new.
)
Written byMiranda Marquit
)
Miranda Marquit Insurance Writer
Co-hosts the Money Talks News podcast
MBA from Utah State University
Featured in
){kind=logo}
){kind=small}
){kind=small}
){kind=small}
)
Edited byBecky Helzer
)
Becky HelzerEditor
)
Reviewed byDavid Marlett
)
David MarlettAdvisor
Updated
)
Why you can trust Insurify: Comparing accurate insurance quotes should never put you at risk of spam. We earn an agent commission only if you buy a policy based on our quotes. Our editorial team follows a rigorous set of editorial standards and operates independently from our insurance partners. Learn more.
)
)
)
)
)
)
)
)
)
