Actual Cash Value

Actual Cash Value

Actual Cash Value

insurance takes into account the fact that you owned the camera for a couple of years before it was lost or stolen; it will have ...

Floater policy

Floater policy

Floater policy

Insurance policy that covers an asset or property being moved from one fixed location to another for transportation perils, and for other associated perils at ...

Replacement Cost

The Replacement Cost Dilemma

The Replacement Cost Dilemma

A renter’s insurance policy covers the financial damage done to the resident or tenant of the house or home. However the actual amount of financial damage can be categorized into replacement cost or the Actual Cash Value (ACV). The replacement cost is the amount that ...

Basics

Renter’s Insurance: Do You Need It?

Renter’s Insurance: Do You Need It?

Renters insurance is useful for people who rent a house; while the house may not be an asset of the rent payer, the possessions inside the house are. The need to protect these possessions has given rise to the renters insurance. This insurance falls under ...

Replacement Cost

The Replacement Cost Dilemma

The Replacement Cost Dilemma

A renter’s insurance policy covers the financial damage done to the resident or tenant of the house or home. However the actual amount of financial damage can be categorized into replacement cost or the Actual Cash Value (ACV). The replacement cost is the amount that ...