The Quintal Agency, Inc.
127 Norwich Rd. (Rte 12)
PO Box 405
Central Village
Connecticut 06332
Phone: (860) 564-3315
Fax: (860) 564-8253

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Market Value (Glossary Word)

 
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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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