Sentence examples for value coverage from inspiring English sources

Some policies, he said, provide "actual cash value" coverage for personal property.

"Actual cash value" coverage pays to replace damaged items after taking depreciation into account.

"People who are trying to save money may be tempted to get actual cash value coverage on personal property," Mr. McCabe said.

Instead, ask your broker to add "agreed value" coverage in which you and the insurance company agree on an appropriate insurance level.

"This is in contrast to 'actual cash value,' coverage which takes into consideration the depreciated value of the property," Mr. Schutzman said.

Replacement cost coverage is usually 10 to 20 percent more expensive than cash value coverage, but the Davisons chose that option through their insurance carrier, Horace Mann.

With actual-cash-value coverage, if it's a 10-year-old sofa, they're taking the value to be maybe $500".

A long time ago, the distilled essence of cable news seemed to be CNN's high-energy, low-production-value coverage of the first Gulf War.

"Another thing many people don't understand is the difference between actual-cash-value coverage and replacement-cost coverage," Ms. Praeger said.

You can usually buy full-replacement-value coverage from the moving company, but Mr. Benatti recommends calling your homeowner's insurance company first to see what it covers in a move.

With actual-cash-value coverage, she said, the insurance covers only what it will cost to repair or replace damage to a home and its contents after depreciation has been taken into consideration, but replacement-cost coverage insures for what it costs to replace or rebuild without considering depreciation.