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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Palmer & Associates
78 Eastern Blvd
PO Box 536
Glastonbury, Connecticut 06033
Phone: (860) 633-3567
Toll Free: (800)989-7256
Fax: (860) 633-7904
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