Sentences with phrase «actual cash value of the item»

You will be able to request actual cash value of the items should the items become destroyed.

less than the total actual cash value of all items lost.

Coverage is based on replacement cost values, not actual cash value of items.

If you have an actual cash value policy, your insurer covers the actual cash value of your stuff, but — and it's a big but — that's the actual cash value of the item today, not how much you threw down for it originally.

Replacement cost coverage is standard, so if there's a property loss, you'll have enough coverage that you'll be able to replace those items at retail, rather than worrying about the actual cash value of the items.

If you read your policy document carefully, you'll find that it specifies that personal property losses are to be settled at the actual cash value of the item.

This is crucial because the actual cash value of an item like a ten - year - old television is basically zero!

That means your claim will be paid based on the actual cash value of the items suffering a loss at the time it occurred.

Note: Liability is limited to the actual cash value of items (replacement cost less depreciation) at the time of loss up to the maximum benefit amount.

An actual cash value policy means that your insurer will cover just that: the actual cash value of your items.

With RCV coverage, you pay more each month on premiums, but when a loss happens, you get the actual cash value of the items and no depreciation is involved in the process.

When purchasing a renter's insurance policy it is very important to ask about «replacement cost on contents» otherwise a claim settlement will be based on the actual cash value of your items as opposed to what it will cost to replace them.

The insurance carrier will pay first the actual cash value of the item.

Do you want the insurance company to pay you what the actual cash value of an item may be?

An actual cash value policy means that your insurer will cover just that: the actual cash value of your items.

If you have an actual cash value policy, your insurer covers the actual cash value of your stuff, but — and it's a big but — that's the actual cash value of the item today, not how much you threw down for it originally.

If you decide not to replace some items, in most cases you'll be paid the depreciated or actual cash value of the items that were damaged.

If you read your policy document carefully, you'll find that it specifies that personal property losses are to be settled at the actual cash value of the item.

Actual Cash Value When you have a loss that is covered by insurance, the company is obligated to pay you the actual cash value of the items that is lost or destroyed.

This is crucial because the actual cash value of an item like a ten - year - old television is basically zero!

Replacement cost coverage is standard, so if there's a property loss, you'll have enough coverage that you'll be able to replace those items at retail, rather than worrying about the actual cash value of the items.

In the event of a covered loss, Allstate will either pay you the replacement cost or the actual cash value of the items, depending on your policy.

But, at the time of loss, you get a full reimbursement equaling the amount of the actual cash value of the items with no depreciation.

The insurer pays you the actual cash value of the items lost or damaged by deducting depreciation at the time a loss is claimed.

The claim representative must then determine the actual cash value of the item.

That means your claim will be paid based on the actual cash value of the items suffering a loss at the time it occurred.