10/15/2026
A covered loss can put your business to the test. Understanding how your policy pays—whether through actual cash value (ACV) or replacement cost value (RCV)—can make a meaningful difference in your recovery plan.
ACV generally accounts for depreciation, while RCV may help cover the cost to replace damaged property with comparable new items, subject to your policy terms and conditions.
Swipe through for a closer look at what each option could mean for your business insurance coverage and bottom line.
Not sure which valuation method applies to your policy? Our P3 Insurance Agency team is here to help Washington and Oregon business owners review their coverage and make informed decisions. Call us at (360) 342-0083.