DeFranco-Merrill Insurance, Inc. 5215 Wilson Avenue S.,Seattle, Washington 98118
Phone: (206) 723-1680
Toll Free: (866) 723-1680
Fax: (206) 725-3416

Glossary

 
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Market Value
The price at which property could be sold, generally applicable to real estate. One of several common ways property may be valued for the purpose of selecting insurance coverage limits. Closely related concepts are 'actual cash value' (ACV) and 'replacement cost'.
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