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