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When choosing the right home insurance, understanding the difference between Actual Cash Value (ACV) vs Replacement Cost is crucial. Both terms are key to determining how much you'll be reimbursed in the event of a claim. In this article, we will explore what home insurance replacement cost means, how it differs from actual cash value, and how understanding these terms can help you make better decisions when it comes to protecting your home. What is Actual Cash Value? (
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