Palmer & Associates
78 Eastern Blvd
PO Box 536
Glastonbury, Connecticut 06033
Phone: (860) 633-3567
Toll Free: (800)989-7256
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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