P What does it mean when a homeowner's insurance policy covers damage to the home with an actual cash value coverage? A The policy pays the homeowner the cost of replacing the damaged property with an item of similar brand and quality, with the damaged property normally replaced at a higher value than the depreciated value. B The policy pays the homeowner the value of the damaged property after considering the amortization on the mortgage. The policy pays the homeowner the value of the damaged property after considering its depreciation. D The policy pays the homeowner the cost of replacing the damaged property with an item of similar brand and quality, with the damaged property normally replaced at a lower value than the depreciated value