Under section 2051(b)(2) of the California Insurance Code, âactual cash value is the amount it would cost the insured to repair, rebuild, or replace the item lost or injured less a fair and reasonable deduction for physical depreciation based on its condition at the time of the loss.â
The average salary for a 30 year old female is about 30 thousand  dollars a year.
Those who have worked for fewer than five years take home a median salary of $37K, and workers with five to 10 years of experience earn a higher $42K on average. The average pay reported by folks with 10 to 20 years of experience is around $44K.