If your property insurance has Actual Cost Evaluation (ACV) clause your damaged property will be compensated:
If your property insurance has Actual Cost Evaluation (ACV) clause your damaged property will be compensated:
A . Based on the value of the item on the date of loss
B . Based on new item for old regardless of condition of lost item
C . Based on value of item one month before loss
D . Based on value of item on the date of loss plus 10 percent
Answer: D
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