Sentences with phrase «cash value of damaged»

Even if you have elected to insure your business personal property on a replacement cost basis, any loss involving works of art will be determined based on the actual cash value of the damaged item.

A contractors equipment policy may pay losses based on either of two values: the actual cash value of the damaged property, or the cost or repair or replace it.

Insurers argue when a policyholder does not intend to rebuild or replace the damaged property, the insurance policy states the policyholder is entitled to the actual cash value of the damaged property.

If there's a loss, we'll pay the cost to repair or replace, up the actual cash value of your damaged or stolen property.

Not exact matches

Coverage is primary when renting for business purposes and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.

Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Shipments containing cash or other means of payment, precious metals, art work, jewelry, watches, precious stones or other articles of value or securities for which, in the event of damage, no stoppage and no cancellation and replacement procedure can be carried out; for the avoidance of doubt the following valuable goods are exempted from this rule: Shipments using the Registered Mail special service, which contain stamps, telephone cards, vouchers for goods and low - value goods in these classes (e.g. fashion jewelry and promotional articles), up to an actual value of 30 Special Drawing Rights of the International Monetary Fund (SDR) per shipment, and individual tickets and entrance tickets;

The CDW benefit provides reimbursement for damage or theft of the vehicle for up to the actual cash value of most rental vehicles.

actual cash value: the worth of a damaged or stolen item at the time of the loss.

In the case of a juicer, you can ask to add a replacement cost value rider to an actual cash value policy to get reimbursed for the cost of a new juicer if it's damaged.

The CDW benefit provides reimbursement for damage or theft of the vehicle for up to the actual cash value of most rental vehicles.

Actual cash value pays the current, depreciated value of an item that was damaged instead of the cost of replacing the damaged item with a new one.

In this situation, if your home was damaged in a covered peril, your home insurance company would pay the actual cash value of your home before the loss.

Actual cash value, which typically pays you for the depreciated value of your damaged belongings.

If you have Replacement Cost (RC) coverage, in the event of a covered loss, we'll first pay you the actual cash value for the damage to your property.

On the other hand, if you have an auto policy with bodily injury liability of $ 100,000 per person, $ 300,000 per accident, and $ 100,000 of property damage along with full coverage (let's say the actual cash value of your car is $ 20,500), the company's maximum exposure on that policy would be $ 300,000 + $ 100,000 + $ 20,000 (ACV of your car, minus $ 500 deductible), or $ 420,000.

Replacement cost means you can buy new items to replace the damaged ones rather than relying on the actual cash value of the property.

Auto rental insurance on a 24 - hour basis for collision or theft damage automatically covers up to the actual cash value of most rental vehicles

Inflation will damage the value of those cash reserves.

Actual cash value means that it only pays for what the property was actually worth at the time of damage.

If a car you rented gets damaged in an accident, Visa will pay up to the actual cash value of the vehicle for the resulting damages.

One of the reasons you need Pittsburgh renters insurance is that the person who is responsible for the fire — if they have enough liability coverage — would only pay you actual cash value for your loss as a result of that fire or the smoke or water damage.

Receive coverage at no additional cost for covered damage due to collision or theft up to the actual cash value of most rental vehicles.

An actual cash value policy, on the other hand, takes depreciation of the property into account, so your payout will be lower for the same damages.

With actual cash value, the insurance company pays you an amount equal to the replacement value of damaged property minus a depreciation allowance.

But the insurance policy only covers the «actual cash value» (ACV) of the damaged roof.

Auto Rental Collision Damage Waiver — Rent a vehicle for business purposes with your card and decline the company's collision insurance for coverage up to the actual cash value in case of theft or collision dDamage Waiver — Rent a vehicle for business purposes with your card and decline the company's collision insurance for coverage up to the actual cash value in case of theft or collision damagedamage.

Auto Rental Insurance Receive coverage, at no additional cost, for damage due to collision or theft up to the actual cash value of most rental vehicles.

Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

The coverage provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

If your rental car is involved in an accident or damaged by theft, Chase will cover the cost up to the cash value of the rental car.

Auto Rental Collision Damage Waiver — Rent a vehicle for business purposes with your card and decline the company's collision insurance for coverage up to the actual cash value in case of theft or collision dDamage Waiver — Rent a vehicle for business purposes with your card and decline the company's collision insurance for coverage up to the actual cash value in case of theft or collision damagedamage.

Receive coverage at no additional cost for covered damage due to collision or theft up to the actual cash value of most rental vehicles.

The Chase Sapphire Preferred rental car insurance comes in the form of collision damage waiver as CDW, which provides reimbursement for damage due to collision or theft up to the actual cash value of most rental vehicles.

With the United MileagePlus Explorer & Club cards, you're covered for all costs up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Coverage is primary when renting for business purposes and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

It provides reimbursement for the damage or theft of a rental vehicle for up to its actual cash value.

Auto Rental Insurance Receive coverage, at no additional cost, for damage due to collision or theft up to the actual cash value of most rental vehicles.

Reasonable cost or repairs or the cash value of the rental car, whichever is less, up to $ 100,000, if a rental car paid for in full with your Citi Executive AAdvantage card is damaged by an accident while a covered person is driving, damaged by a natural disaster or vandalism or stolen.

Personal injury lawyers may not be able to properly assess damages without a medical expert report to determine long - term prognosis, and family lawyers may be better off relying on an accountant to value a cash business, instead of doing it themselves with potentially faulty assumptions.

The insurer hired an independent adjuster to estimate the actual cash value loss and damage, The adjuster used four different methods to estimate the value, and then averaged them to come up with a value of $ 1,146,248.00.»

[92] These indicators of legislative meaning overwhelmingly demonstrate that statutory condition 6 (7) was meant solely to codify the principle that on paying the insured the full value of the damaged car (the actual cash value or replacement value), the insurer is entitled to take the salvage.

If the cost of repair exceeds the worth of your vehicle, your insurer will cut you a check for the damaged car's cash value, minus your deductible.

If you are covered for replacement value instead of cash value, you are paid enough to buy the item new instead of what the item is worth at the time it is damaged.

Actual Cash Value - repayment value for indemnification due to loss or damage of property; in most cases it is replacement cost minus depreciValue - repayment value for indemnification due to loss or damage of property; in most cases it is replacement cost minus deprecivalue for indemnification due to loss or damage of property; in most cases it is replacement cost minus depreciation

This definition is often used to compare it to Actual Cash Value (ACV) and to explain why you are not being paid the full amount of your damages.

Actual Cash Value (ACV) is the value of a damaged or stolen property item at the time of the Value (ACV) is the value of a damaged or stolen property item at the time of the value of a damaged or stolen property item at the time of the loss.

One of the most important things to understand about homeowner insurance quotes is that they should reflect the costs of replacing your home after damage — not the cash value.

You will need to choose either «Actual Cash Value» coverage, which replaces damaged or stolen goods while taking depreciation into consideration, or «Replacement Cost» coverage, which will reimburse you the amount of replacement for stolen items at the current cost.

The most your insurer will pay for Physical Damage is the «actual cash value» of your car — should you try to sell it in the open market — up to a maximum of $ 40,000.