Actual Cash Value (ACV), Glossary and Terms, Automotive, Motorcycle, Boat Dealers

U.S Auto, Moto, Boat Dealers List of United States Automotive, Motorcycle, Boat, Dealers, Service Stations

"Actual Cash Value (ACV)"

Replacement cost of property lost. If your vehicle were stolen, totaled in an accident, or otherwise rendered a loss, the Actual Cash Value is equal to the cost for a similar vehicle at current market prices.

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