Lamar Insurance
51 Middletown Rd., Suite 101
White Hall, West Virginia 26554
(Beside Middletown Home Sales)
Phone: (304) 368-1323
Fax: (304) 368-1324
mlamarinsurance@msn.com
Actual Cash Value
Actual Cash Value (Glossary Word)
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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