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.
For example, at age 30, average hourly earnings of women with children were $15.20, compared with $18.10 for women without children (measured in 2004 dollars). On average, the earnings of women with children were 12% lower than those of women without children.