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.
After 10 years in the business, women at almost all ages made less than their male counterparts. By the time they reach 36 years of experience, men's median salary is $140,000 and women's is $103,333, according to the chemical engineers' survey. The organization attributed the pay gap to family leave.