Topical Terminology > Actual Cash Value
Actual Cash Value
For Actual Cash Value we have terms and definitions in 2 topics. The topics are Auto Insurance and Insurance.
Actual Cash Value (Auto Insurance) 
If someone who's covered dies from accident-related injuries, this type of auto insurance coverage may provide a payment to the insured's designated beneficiary.
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Actual Cash Value (Insurance)
The sum of money required to pay for damages or lost property, computed on the basis of replacement value less its depreciation by obsolescence or general wear.
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