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Commercial Property Agreed Value Option

The Agreed Value Option (AVO) is an alternative to coinsurance in the ISO Building and Personal Property Coverage Form (CP 00 10). Agreed Value can be used with buildings or personal property, on either an actual cash value (ACV) or replacement cost (RC) basis. However, many agents are not aware of how this option must be used very carefully.

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Alexandria VA 22314
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fax: 703.683.7556

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