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White Insurance Group
17 Sunset Drive PO Box 1310
Black Mountain, North Carolina 28711
Phone: (828) 669-7912
Fax: (828) 669-2315
Toll Free: (877) 944-8347

Arden Insurance Associates
2124 Hendersonville Road
Arden, North Carolina 28704
Phone: (828) 684-8111
Fax: (828) 684-6492
Toll Free: (877) 684-8111

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Actual Cash Value (Glossary Word)

 
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Actual Cash Value

A calculation of value that pays damages equal to the replacement value of damaged property minus depreciation. Depreciation includes diminishment in value due to time and wear.


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