Replacement cost is what costs to replace an item. Actual cash value is defined as the actual cost to replace it less depreciation. Some depreciation is recoverable under insurance policies and some is not.
If you are having difficulty receiving coverage or compensation on your insurance claim, call our office for a free consultation. Several of our attorneys and staff members speak Spanish, and we are always here to serve you.
We take cases on a contingency fee basis, which means that our fees and costs are contingent on achieving a positive result for you. In many cases, however, our fees and expenses are paid mostly or entirely by the insurance company.