Actual cash value
What is actual cash value home insurance? Bankrate explains.
Insurance is the highest form of self-care. Protecting yourself and your family against financial ruin provides peace of mind, security and freedom.
— Lizzie Nealon
Lizzie Nealon is an insurance contributor for Bankrate. Her favorite part of writing content is making home, auto and life insurance digestible for readers so they can prepare for the future.
Lizzie earned her bachelor’s degree in political science from Clemson University. At Clemson, she co-founded a campus publication called the Sensible Tiger that made news and politics digestible to college students. This experience instilled her passion for helping audiences navigate complex topics like insurance.
She enjoys partially completing New Yorker crosswords, finding the best local restaurants and reading biographies in her free time.
Insurance is the highest form of self-care. Protecting yourself and your family against financial ruin provides peace of mind, security and freedom.
— Lizzie Nealon
What is actual cash value home insurance? Bankrate explains.
Wondering if you’re at fault in a car accident? Bankrate can guide your research.
Bankrate explains how life insurance premiums work and why they are so personalized.
Life insurance may seem confusing, but Bankrate’s experts are here to help.
Many employers offer voluntary life insurance as an optional workplace benefit.
Learn about adverse selection and how it affects the life insurance industry.
Wondering what the stats are on car ownership in the U.S.? Bankrate examines.
The true cost of car insurance refers to the average proportion of income drivers spend on auto insurance coverage. Nationally, drivers spend an average of $1,771 per year on full coverage car insurance, which accounts for 2.57% of the average American’s annual income.