Regardless of whether you choose ACV or RCV, you may want to consider creating adetailed home inventoryto account for all your personal property. If you own a lot of expensive items, such as jewelry or high-end electronics, you may want to considerscheduled personal property coverage, as the...
When it comes to understanding insurance coverage there are numerous terms and language that most policyholders are unfamiliar with. These include Indemnity, Actual Cash Value (ACV), Replacement Cost Value (RCV) and Depreciation. What is ACV(Actual Cash Value)? The term "actual...