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Replacement Cost Value (RCV), Actual Cash Value (ACV), Holdbacks, and the Depreciation of Labor

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Document outlining the two primary valuation methods for establishing the value of insured property for purposes of determining the amount a property insurer will pay in the event of loss under a homeowner’s or commercial property policy. Provided by Matthiesen, Wickert & Lehrer, S.C.
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depreciation
claims
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