Where does "Actual cash value" show up in a claim?

The term matters on estimates and scopes across the insurance restoration workflow. Browse the glossary for related terms.

Estimating & Workflow

Actual cash value

The value of damaged property after depreciation is deducted. A policy that pays actual cash value pays the old value of the item, not the cost of a brand-new replacement. Restoration work tends to be priced at replacement cost, and the gap between the two is often held back until the repair is finished and verified.

Related Xactimate codes for "Actual cash value"

AWN|AWNPCCFAB \u2014 Patio Cover - Fabric replacement
AWN|AWNPCCFAB+ \u2014 Patio Cover - Fabric replacement - High grade
CAB|CABPWRAP \u2014 Postal - cash wrap counter
CAB|CABREST \u2014 Cabinetry Restoration / Repair - (Bid Item)
CAB|CABRESTB \u2014 Cabinetry Restoration - Boxes Only - (Bid Item)
CAB|CABRESTF \u2014 Cabinetry Restoration - Finishing - (Bid Item)
CAB|CABRESTI \u2014 Cabinetry Restoration - Installation - (Bid Item)
CAB|CABRESTMAT \u2014 Cabinetry Restoration - Material - (Bid Item)
CAB|CABRESTMNR \u2014 Cabinetry Restoration - Mfg./Reconstruction - (Bid Item)
CAB|CABRESTR \u2014 Cabinetry Restoration - Removal - (Bid Item)
CDC|CDCLABGA \u2014 Garment Restoration Technician - after hours
CDC|CDCLABGSA \u2014 Garment Restoration Technician - Supervisory - after hrs.

Put this to work

ESXPress converts carrier scope PDFs into import-ready Xactimate ESX files \u2014 line items mapped to their real code, priced against the current catalog.

Start free \u2014 5 conversions, no card \u2192