The price at which property could be sold, generally applicable to real estate. One of several common ways property may be valued for the purpose of selecting insurance coverage limits. Closely related concepts are 'actual cash value' (ACV) and 'replacement cost'.
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McCollam Insurance Agency
219 Greenwood Ave.
Bethel, Connecticut 06801
Phone: (203) 748-4233
Fax: (203) 794-9638
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