Sentences with phrase «item at current market value»

ACV reimburses you the value of the item at the current market value.

They'll use the amount you paid for the item at the time of purchase (which would probably be less than a comparable item at current market value).

An insurance company will replace your items at the current market value.

If you have a replacement cost policy, the insurance company will pay to replace the items at the current market value.

Not exact matches

An RC settlement will buy new items to replace the damaged ones regardless of current market value, but an ACV settlement will depreciate the value of the damaged items based on age and condition at the time of loss.

The replacement cost will cover to repair broken items, replace them with similar items, or offer a cash settlement for an item at it's current market value.

ACV policies work by reimbursing renters for the current market value of the given items at the time in which the claim is made.

A Cambridge homeowners insurance policy may also give you the option of choosing between ACV (Actual Cash Value) coverage, which means any claim would be subject to depreciation, or replacement cost coverage, which means that any item claimed would be replaced at its current market vValue) coverage, which means any claim would be subject to depreciation, or replacement cost coverage, which means that any item claimed would be replaced at its current market valuevalue.