{"id":455,"date":"2017-09-29T00:21:30","date_gmt":"2017-09-29T07:21:30","guid":{"rendered":"https:\/\/rvplusyou.com\/kb\/?post_type=ufaq&#038;p=455"},"modified":"2020-12-11T15:57:58","modified_gmt":"2020-12-11T23:57:58","slug":"what-is-the-difference-between-replacement-cost-and-actual-cash-value-acv","status":"publish","type":"ufaq","link":"https:\/\/rvplusyou.com\/kb\/ufaqs\/what-is-the-difference-between-replacement-cost-and-actual-cash-value-acv\/","title":{"rendered":"What is the difference between Replacement Cost and Actual Cash Value"},"content":{"rendered":"<style>.ewd-ufaq-post-margin-symbol { border-radius: 100px !important; }<\/style><div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-load_more\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='set_order' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='desc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/kb\/wp-json\/wp\/v2\/ufaq\/455' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-455-tzTc8yqxEY' data-post_id='455'>\n\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#'>\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-circle'>\n\t\t\t<span >C<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tWhat is the difference between Replacement Cost and Actual Cash Value\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body ' >\n\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t<p>Replacement cost for contents means the cost on the date of the loss or damage, of repairing or replacing (whichever is less) damaged property with new property of similar kind and quality, without deduction for depreciation, but not exceeding the applicable amount (s) of insurance as shown on the coverage summary page for any loss or damage arising out of one occurrence. Actual Cash Value(ACV) is an assessment of value of an item that considers depreciation. In determining depreciation, consideration is given to the condition of the item immediately before the damage, the resale value of the item &#038; the normal life expectancy of the item in question.<\/p>\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-custom-fields'>\n\n\t\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>C What is the difference between Replacement Cost and Actual Cash Value Replacement cost for contents means the cost on the date of the loss or damage, of repairing or replacing (whichever is less) damaged property with new property of similar kind and quality, without deduction for depreciation, but not exceeding the applicable amount (s) <a class=\"read-more\" href=\"https:\/\/rvplusyou.com\/kb\/ufaqs\/what-is-the-difference-between-replacement-cost-and-actual-cash-value-acv\/\">Read More<\/a><\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","template":"","ufaq-category":[18],"ufaq-tag":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the difference between Replacement Cost and Actual Cash Value - Delivered RV Rentals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rvplusyou.com\/kb\/ufaqs\/what-is-the-difference-between-replacement-cost-and-actual-cash-value-acv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the difference between Replacement Cost and Actual Cash Value - Delivered RV Rentals\" \/>\n<meta property=\"og:description\" content=\"C What is the difference between Replacement Cost and Actual Cash Value Replacement cost for contents means the cost on the date of the loss or damage, of repairing or replacing (whichever is less) damaged property with new property of similar kind and quality, without deduction for depreciation, but not exceeding the applicable amount (s) Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rvplusyou.com\/kb\/ufaqs\/what-is-the-difference-between-replacement-cost-and-actual-cash-value-acv\/\" \/>\n<meta property=\"og:site_name\" content=\"Delivered RV Rentals\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/rvplusyou\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-11T23:57:58+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:site\" content=\"@rvplusyou\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/rvplusyou.com\/kb\/#website\",\"url\":\"https:\/\/rvplusyou.com\/kb\/\",\"name\":\"RVPlusYou - Delivered RV Rentals\",\"description\":\"Choose your Destination. 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