Replacement Cost Coverage Law and Legal Definition
Replacement cost coverage is a type of insurance that covers the expense incurred in replacing a vehicle. If a new vehicle suffers total loss within a certain time period after purchase, this kind of insurance will help the companies to replace the car or pay the amount necessary for replacement.
Legal Definition list
Related Legal Terms
- Above the Line Costs (Entertainment Law)
- Absorption Costing
- Accelerated Cost Recovery System
- Acquisition Cost of an Item of Purchased Equipment
- Acquisition Cost of Equipment [Education]
- Activity-Based Costing
- Actuarial Cost Assumptions
- Actuarial Cost Method
- Additional Crop Insurance Coverage
- Additional Extended Coverage
