Sentences with phrase «cash value of the item»

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.

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

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.

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.

Cash value coverage reimburses you only for the present cash value of the item less depreciation.

Even if you have a replacement value policy, the first check you receive from your insurer will be based on the cash value of the items, which is the depreciated amount based on the age 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.

This type reimburses you as a covered policy holder for the present day market or cash value of the item lost or destroyed in the claim situation.

It offers the cash value of the item that you have lost at the time that you lost it.

It focuses instead on the remaining cash value of the item in question.

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

Also called market value or fair market value, actual cash value represents the present property cash value of an item.

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

Not exact matches

Purchases of usage subscriptions (including credits, points, and / or virtual currency) or any virtual items made available on the online services are nonrefundable, have no monetary value (i.e., are not a cash account or equivalent), and are purchases of only a limited, non-exclusive, revocable, non-assignable, personal, and non-transferable right to use, even if such came with a durational term (e.g., a monthly subscription).

You may insure those items for Replacement Cost or for Actual Cash Value, which pays only for the depreciated value of the propValue, which pays only for the depreciated value of the propvalue of the property.

For that, they rely on a ladder of cash sources: customers who pay enough for them to make a profit, suppliers who extend generous payment terms, their own frugality when it comes to items that don't add value to customers, friends, family, angels, and venture capitalists — many of whom can be supplying cash at the same time.

Speaking broadly, cryptocurrencies purport to be items of inherent value (similar, for instance, to cash or gold) that are designed to enable purchases, sales and other financial transactions.

KBTM will ultimately pick freebies and reserves the right to give the value in Kissed Cash if we run out of items.

Bello was arrested following a tip - off that the suspect with others at large broke into the houses of one Emmanuel Baba and Onimi Reuben both of in Zango - Daji respectively and made away with several items including one 42 inches Plasma Samsung Television valued at # 40,000.00, one 32 inch LG Plasma Television valued at # 37,000.00 and a cash sum of # 71,000.00.

Again, these are items that change the «income» of the company without affecting the company's cash position — changing the value of a capital asset or of a foreign exchange position doesn't change the real cash you have in the bank and doesn't require any flow of cash in or out of the company.

The 500 Amazon Coins, valued at $ 5, can be used to buy apps from the Amazon Appstore as well as in - app items, along with an incentive to continue buying packs of the virtual currency instead of usual cash transactions.

In setting your initial withdrawal rate, you'll also want to consider how much of your expenses you can cover from Social Security and any pensions, what other resources you have to draw on (home equity, income from an annuity, cash value life insurance, income from a part - time job) and how much of your retirement spending goes to essential expenses that you would have a hard time trimming vs. discretionary items that leave you with a lot more leeway cutting back should you need to in the future.

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

In simple terms, that means that your property losses are paid out at the amount of money you need to go buy a replacement item, not the actual cash value.

Actual cash value: The cost to replace items at the time of the loss, taking into account depreciation

Liquidity — how quickly an asset (any item of value that you own) can be turned into cash.

The amount you receive after a claim will depend on whether you have replacement value coverage or actual cash value coverage (depreciated value), and whether you have policy addendums, called «riders,» that list specific items of value.

In addition to having coverage for replacement cost rather than actual cash value (AKA «Craigslist price»), you'll want your home inventory to reflect the replacement cost of that item.

Remember that personal property coverage generally contemplates the cost to replace the property at retail with an item of like kind and quality, so you should consider coverage amounts in that context, rather than in the context of actual cash value.

Personal and Real property: items of value which can be quickly converted into cash.

They will offer you a loan of typically 30 % of the cash value against your item.

But if you elected to have the items insured at cash value, you would only receive the depreciated value of the TV you bought eight years ago — $ 500.

The actual cash value is the cost of the item minus depreciation.

If they are destroyed in a fire, your homeowners insurance policy might only provide cash value, meaning that you would only be reimbursed what those items are worth today, not what it would actually cost you to buy new versions of them.

Asset An item of value, such as a family's home, business, and farm equity, real estate, stocks, bonds, mutual funds, cash, certificates of deposit (CDs), bank accounts, trust funds and other property and investments.

That means that a covered loss to personal property will put you in a position to go replace the property with a new item of like kind and quality at retail, rather than just getting the actual cash value of the property.

The property is replaced at the cost to purchase an item of like kind and quality at retail, so you don't need to worry about the actual cash value of it.

Many storage policies reimburse only for an item's cash value at the time of loss, which may be less than replacement cost.

That means you get the amount of money you need to replace the item, rather than the depreciated actual cash value.

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.

But if you have an «actual cash value» policy, the value of a lost item will be depreciated.

Commercial property insurance plans pay for losses based on the replacement cost of the item or its actual cash value.

A policy that provides actual cash value coverage typically reimburses you for the depreciated value of an item.

Actual Cash Value: Actual Cash Value is a type of coverage that some basic home insurance dwelling policies offer where your home and contents are replaced with items of like kind and value minus depreciaValue: Actual Cash Value is a type of coverage that some basic home insurance dwelling policies offer where your home and contents are replaced with items of like kind and value minus depreciaValue is a type of coverage that some basic home insurance dwelling policies offer where your home and contents are replaced with items of like kind and value minus depreciavalue minus depreciation.

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