Sentences with phrase «than the actual value cost»

If your car is damaged too badly and the replacement costs are higher than the actual value cost of the vehicle, then providers may choose to pay you out and «write» your auto off.

Not exact matches

It is not a representation of the actual costs incurred by current owners, the vast majority of whom have bought in the past at significantly different values than those prevailing in the latest period.

If your television is five years old, it'll cost a lot more to replace it than what it's actual cash value.

This protection is, of course, at replacement cost, meaning that you get the coverage you need to replace things that suffer a loss at retail, rather than the actual cash value of the property.

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.

As manufactured homes generally depreciate over time, the actual cash value will typically be less than the replacement cost.

Personal property coverage on renters insurance is often at replacement cost, rather than actual cash value.

Generally there is a small deductible on New Jersey renters insurance, and from that deductible on, your personal property is covered at replacement cost rather than actual cash value, up to the limits of the policy you've selected.

If your actual sell price is lower than the market value on Jan 31, 2018, then you will have to take the higher of the actual cost of buy and the actual selling price as your cost of acquisition.

However, if the actual cost is less than the fair market value of such asset as on 31st of January, 2018, the fair market value will be deemed to be the cost of acquisition.

Renters insurance in Petaluma from Effective Coverage comes standard with an endorsement to ensure that you get the cost to replace the personal property, rather than the actual cash value minus depreciation.

An automobile, according to Maine's Bureau of Insurance, is often considered a total loss if the cost to repair the vehicle is 75 percent or more than the actual cash value of the vehicle.

There are many other perils covered by the policy as well, and you get replacement cost coverage that allows you to purchase a replacement item at retail rather than having to make up the often significant difference between retail price and the actual cash value that some policies provide.

Some providers will try to sell actual cash value policies and then expect you to pay more than the original quote if you want replacement cost.

However, an actual cash value policy is cheaper than a replacement cost value policy by about 10 % according to the Insurance Information Institute.

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.

Personal property coverage is generally at replacement cost, so you get the money you need to go buy new property rather than the actual cash value.

For example, if a damages your TV, a policy with actual cash value coverage would reimburse you for its depreciated value, which may be less than it will cost to purchase a new one.

Besides, their liability would only pay you actual cash value rather than replacement cost, generally speaking.

Projecting the value of a dollar over the next 30 years causes the lender to take a conservative estimate that is a little higher than actual costs to ensure that the loan does not lose money.

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

Other factors than can affect the cost of your policy include your choice of deductible, whether you opt for actual (depreciated) value or agreed value replacement coverage, and the coverage options you choose.

This just means that if there is a loss to your personal property, you get the cost to replace the item rather than the actual cash value, which is subject to depreciation.

Personal property is covered at replacement cost rather than actual cash value on most Idaho renters insurance policies in 2018.

We believe that everyone should have replacement cost coverage, because the actual cash value of your property is generally much lower than you'd expect it to be.

The actual value of your home (which may be less than the cost to rebuild because of possible depreciation over time).

Generally your policy will come with replacement cost coverage to ensure that you'll be able to go buy a new item rather than having to settle for the actual cash value of your property.

This coverage is generally at replacement cost rather than actual cash value.

Most policies provide compensation on an actual cash value basis rather than a replacement cost basis.

Replacement cost coverage is more expensive than actual cash value because your policy will pay to restore your property to new should it be damaged, while actual cash value accounts for depreciation.

Gap Insurance: If you're involved in an accident, your collision policy will typically only cover the cost of your car up to its actual cash value, which may be less than what you owe on a loan or lease.

The actual cash value of that secondhand couch might be five dollars, but after suffering a loss it's going to cost you far more than that to replace it new.

All remaining upside for shareholders is ultimately based on the actual value realised from an Old NTR wind - down (rather than current book values)-- so yes, it takes longer but it maximises value / upside, and investors will have a pretty minimal cost base / net investment in Old NTR anyway.

For example, a common arrangement is for the employee to pay the cost of term insurance relative to the policy and if the policy is permanent life insurance, such as a cash value life insurance policy OR indexed universal life, the cost of term may be substantially less than the actual cost paid by the employer.

Replacement cost renters insurance might sound like a no - brainer, but, as with all premium things, it's got a higher price tag than its actual cash value counterpart.

Because replacement cost policies pay out higher amounts than actual cash value policies, they typically cost more in terms of premiums.

Replacement cost coverage for your mobile home tends to cost more than actual cash value coverage does because the insurance company commits to paying out more for losses.

While you're reviewing your possessions, think about whether you want to insure them for actual cash value (where the policy would pay less money for older items than you paid for them new) or for replacement cost (which would cover to replace the items).

Because replacement cost value policies tend to pay out more (since they aren't based on depreciated value), they also tend to cost more than actual cash value policies.

This value can be the actual cost of the item to the company rather than the retail price.

BUT you have to take into account the value of the points being transfer from AMEX to Elevate Pts, since the ratio is 2:1, the actual value of your ticket cost more from using Virgin America rather than another airline.

The insured claimed in each case that the insurer's letter and attached «STANDARD REPORT,» when read together, gave rise to a legal obligation to determine the «actual cash value» of the property on the basis of a replacement cost less ten percent depreciation, an amount more than that determined due by the insurer and later by a referee.

I think you should carry more insurance coverage than your used to because I've seen the look on a person's face when they learn difference between Replacement Cost and Actual Cash Value the hard way.

An insurance policy clause that sets the value of covered property at the market rate rather than basing the value on actual cost or replacement cost.

Gap Insurance: If you're involved in an accident, your collision policy will typically only cover the cost of your car up to its actual cash value, which may be less than what you owe on a loan or lease.

Replacement cost is a better option: It reimburses you for the original value of the item (or one of similar kind and quality at today's replacement cost if the item is no longer available) and costs only slightly more than actual cash value.

As manufactured homes generally depreciate over time, the actual cash value will typically be less than the replacement cost.

The things you've acquired over the years have value, and it's not their actual cash value — it would cost you far more than that to replace them after a fire.

Replacement cost insurance may cost more than actual cash - value coverage in Massachusetts, but you will be better compensated after a loss.