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.
1 In 2014 women earned 82.5% of men's salaries b ased on median weekly earnings for full-time workers compared to 62.1% in 1979. 2  Women's median weekly earnings for full-time work (2014) = $719 compared to $871 for men. 3  Women's median annual earnings for full-time work (2013) = $39,157 compared to $50,033 for men. Women were paid about 90% of what men earned until age 35, at which point median earnings for women start to slow down compared to men's earnings, further widening the pay gap. 2  The average full-time working woman will lose more than $460,000 over a 40 year period in wages due only to the wage gap.