301 N Tubb StreetSte 109Oakland, FL 34760Phone: (407) 469-2107Fax: (888) 446-2009
625 S Gay StreetSte 640Knoxville, TN 37902Phone: (865) 240-3419Fax: (888) 446-2009
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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