is/is not

is/is not

1311.2, 1062, 1192, 955.8

Item Purchase Price ACV Replacement Cost Furniture Couch set $875 $3,850 $3,500 3,125 1,563 3,750 Outdoor lawn furniture Dining room table and chairs Appliances 1,000 500 1,200 TV 750 375 900 DVD player 125 75 150 Sound system 1,000 400 1,200 Furnishings Antique rugs 11,250 10,000 3,375 12,000 13,500 12,000 Sculptures Throw blankets and pillows 375 225 450 TOTAL: $46,688 $30,347 $56,026 Brian has a $60,000 HO-1 form insurance policy. No additional endorsements or floaters have been added to the policy. Therefore, the actual cash value (ACV) of his property covered under this policy and the replacement cost of his property covered One of his more valuable items is a shotgun he uses for duck hunting. He purchased the shotgun 4 years ago for $1,770, and the total life expectancy is 10 years. The shotgun he uses for duck hunting would cost $1,900 r it was purchased today, The actual cash value (ACV) of the shotgun is