Have you ever considered what the replacement cost would be if someone were to crash their vehicle into your house? Who owes what and what is covered in that scenario? If this is something you’ve been a victim of, or you’ve found yourself wondering about this, head on over to the link below to learn the difference between ACV (actual cash value) vs replacement cost!
https://www.iamagazine.com/news/read/2019/05/20/third-party-property-damage-acv-or-replacement-cost