Market Value

The price at which property could be sold, generally applicable to real estate. One of several common ways property may be valued for the purpose of selecting insurance coverage limits. Closely related concepts are 'actual cash value' (ACV) and 'replacement cost'.


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William Hajj Insurance Agency
36 Mill Plain Rd.
Danbury, Connecticut 06811
Phone: (203) 748-5346
Fax: (203) 798-6392
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