Terms
46 new/unreviewed 46 total
Term
Actual Cash Value (ACV)
Definition
The value of the property, based on the current cost to replace it minus depreciation
New/Unreviewed
Term
Additional Living Expenses
Definition
Extra expenses incurred if homeowner lives away from home following an insured risk
New/Unreviewed
Term
Homeowners Insurance Coverage D + Typical Cost
Definition
Additional Living Expenses, Typically 20% of the insurance on your house
New/Unreviewed
Practice Tests
0 total
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