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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Hodge Insurance Agency
353 Candlewood Lake Rd.
Brookfield, Connecticut 06804
Phone: (203) 792-2323
Fax: (203) 791-2149
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