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hello are you studying for your State Property Casualty Insurance test either General lines or personal lines are you learning about the important terms replacement value actual cash value agreed value what we call loss valuation well we're going to cover those important terms on today's video and be sure to stick around to the end where we're going to cover a practice question to get you ready to pass that test let's go ahead and get started [Applause] [Music] welcome back now we're going to cover these important terms what we call the loss valuation replacement value actual cash value and agreed value now that kind of goes along with the other video that we have on what's called cause of loss forms I'll reference it right up there or you can see a link in the description below be sure to take a look at that one because these two videos this one and the one on the cause of loss forms are really fundamental for you understanding how to pass that test and understand the different polic...