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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Southern Insurance & Risk Management Services, Inc.
1395 South Lotus Drive.
Suite A.
Dunedin, Florida 34698
Phone: (727) 734-3433
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