Replacement cost value definition

Replacement cost value means the estimated cost to
View Source
Replacement cost value means the cost at the time of loss of a new item identical to the one damaged, destroyed or stolen. If an identical item is no longer manufactured or cannot be obtained, replacement cost value will be the cost of a new item that is:
View Source
Replacement cost value means: the repair or replacement will be made with materials or property of like kind, quality or function. It shall also include replacement new of unlike kind, quality or function when replacement of like kind, quality or function cannot be accomplished to restore the appearance and function that existed prior to the loss.
View Source

Examples of Replacement cost value in a sentence

  • Values: l00% Replacement cost value of property/Limit of $5,000 deductible Endorsements Required: o Inflation Guard, and Agreed Amount and Replacement Cost endorsements o List of Locations and Schedule of Values, if Blanket Policy o 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of General Electric Capital Business Asset Funding Corporation amended to 30 days notice of change, cancellation or non-renewal.

  • Values: l00% Replacement cost value of property/Limit of $5,000 deductible ------ Endorsements Required: o Inflation Guard, and Agreed Amount and Replacement Cost endorsements o List of Locations and Schedule of Values, if Blanket Policy o 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of General Electric Capital Business Asset Funding Corporation amended to 30 days notice of change, cancellation or non-renewal.

  • Values: 100% Replacement cost value of property/Limit of $5,000 deductible Endorsements Required: • Inflation Guard, and Agreed Amount and Replacement Cost endorsements • List of Locations and Schedule of Values, if Blanket Policy • 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of Lender amended to 30 days notice of change, cancellation or non-renewal.