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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Actual Cash Value
A calculation of value that pays damages equal to the replacement value of damaged property minus depreciation. Depreciation includes diminishment in value due to time and wear.
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