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 The earnings difference between women and men varies with age. 2  Younger women (89.8% of 20-24 year old women) are closer to pay equity than older women (73.7% for women 65+) for full-time wage and salary workers. 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.