Replacement Cost Value (RCV) and Actual Cash Value (ACV)

Replacement Cost Value (RCV) and Actual Cash Value (ACV)

Written by Lila Hayes

Sunday, 07 June 2009 00:00

Many policyholders misunderstand the application of the insurance terms, Replacement Cost Value (RCV), Actual Cash Value (ACV) and depreciation. Make sure you understand the terms to help settle your claim fairly.

http://carehelp.org/files/Handouts/Handout08-RCVandACV.pdf

Last Updated ( Tuesday, 10 November 2009 23:02 )

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