Actual cash value on building
[DOC File]MODIFIED FUNCTIONAL REPLACEMENT COST LOSS …
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The actual cash value of the damaged part of the building. c. If, at the time of loss, the amount of insurance in this policy on the damaged building is less than 80% of the "functional replacement cost" of the building immediately before the loss, we will pay the greater of the following amounts, but not more than the limit of liability under ...
Broadcasters Supplemental Application
Value of all other attachments: $ Valuation Basis: Actual Cash Value Replacement Cost (Tower value listed should correspond with Valuation basis selected at 100% value) Tower Height: Year Built: Tower meets or exceeds TIA/EIA-222
Chapter 08 Home and Automobile Insurance
264) The actual cash value method of settling claims is based upon the replacement cost of an item less depreciation. ... He should insure the building for 75 percent of the replacement. C. He should use the actual cash value method for settling claims to receive the full cost of repairing or replacing his personal belongings. D.
[DOCX File]lacitizens.com
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Building Coverage. 50% of Replacement Cost Minimum Limit - Building - Coverage A. $1,000 Maximum Limit - Building - Coverage A. $1,000,000 Coverage B - Other Structures. 10% of Coverage A* Loss Settlement. Actual Cash Value Section I Exclusions (other than what is included in DWG-1)? None
[DOC File]St
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The appraisal must exclude the value of the land and not use the “income capitalization approach” which bases value on the use of the property, not the structure. Detailed estimates of the structure’s actual cash value-the replacement cost for the building, minus the depreciation percentage based on age and condition.
[DOC File]U. S. Department of Agriculture_FmHA Instruction 426.1
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This clause may be accepted if the amount of insurance is for the full depreciated replacement value (actual cash value) of the building and the unpaid balance of the loan and any prior lien(s) is not greater than the initial loss payment made by the company. f Construction Specification and Use Conditions.
Society St
Actual cash value is the market value less depreciation. Simplistically explained, if your property has a life of 50 years and is 25 years old, the claim will be settled at 50% of the market value. With replacement cost, the claim will be settled at cost to replace with like kind and quality.
[DOC File]STATEMENT OF VALUES
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ACTUAL CASH VALUE basis - with deduction for actual physical depreciation only (Book or Market values are not appropriate); OR. REPLACEMENT COST basis - without any deduction for depreciation. (d) The values appraisal for property mentioned in Columns 2 and 3 (Buildings, Machinery, etc.) was made (date) by: (e) The values in Column 4 “Stock
[DOC File]Core Programs
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Property deductible Agreed amount Replacement Cost Actual Cash Value Co-insurance % Terrorism Yes No Property enhancement endorsement Yes No Equipment breakdown Yes No Back up of sewers and drains Yes No If yes, what limit? ... Zip code Building Information % frame % joisted masonry % non combustible % masonry non combustible % modified fire ...
[DOC File]Use of the Functional Replacement Cost Loss Settlement ...
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Homeowners Actual Cash Value. Use of the Actual Cash Value Loss Settlement endorsement, HO 04 81, for an additional premium, allows for the property to be written at less than 80% of the estimated replacement cost of the building.
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