Search a variety of Homeowners Insurance Terms
Searching for a particlular keyword term related to homeowners insurance? You can search for keywords by using the search field or by following the list below.
Actual Cash Value (ACV)
The value of your property at the time of a loss or damage. ACV may be determined as the replacement cost minus depreciation.
Cash Value
The amount of money which the policy owner will receive as a refund if the coverage is cancelled and the policy is returned to the company. Also known as cash surrender value.
Net Cash Value
The cash value amount available to a policy owner after adjustments have been made to the cash surrender value to account for policy loans and dividends.
DISCLAIMER: The information provided above is intended to be a guide to understanding common homeowners insurance terms. HomeInsurance.com does not intend this information to be official or legally binding. HomeInsurance.com uses this list as a basic guide to understanding these terms and should not be considered complete or definitive.
