
Actual Cash Value (ACV) Meaning for Cars
Insurance Q&A: “How is actual cash value determined?” Sadly, at some time or another, we’ve all heard the phrase, “My car got totaled.” Typically, this conjures a picture in our heads of a car so badly damaged that there is no way it could possibly be repaired. We’ve also heard stories where a vehicle “should...
Insurance Q&A: “How is actual cash value determine...