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
Contact Us
Map and Driving Directions
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
Contact Us
Map and Driving Directions
Depreciation (Glossary Word)
Depreciation
Diminishment in property value due to age and wear. This value discounting is taken into account when adjusting for property insurance that covers loss an actual cash value basis. That is, Actual Cash Value equals Replacement cost minus depreciation.
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Glossary Words