10/15/2026
A covered business loss can be stressful enough. Understanding how your policy settles a claim can help you plan with more confidence.
Actual cash value (ACV) generally reflects an item’s value after depreciation. Replacement cost value (RCV) is designed to help cover the cost to replace damaged property with a similar new item, subject to your policy’s terms, limits, and deductibles.
That difference can have a real impact on your business after a loss.
Swipe through to see how ACV and RCV coverage compare. If you would like help reviewing your commercial insurance or business insurance options, our team at The Nolan Agency is here to help.