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.
Among men, median weekly earnings were highest for those ages 45 to 54 ($1,058) and 55 to 64 ($1,037). Usual weekly earnings were highest for women age 35 to 64: weekly earnings were $792 for women age 35 to 44, $797 for women age 45 to 54, and $794 for women age 55 to 64.Workers age 16 to 24 had the lowest median weekly earnings, at $476.See table 4.) â¢ By educational attainment, full-time workers age 25 and over without a high school diploma had median weekly earnings of $499, compared with $678 for high school graduates (no college) and $1,210 for those holding at least a bachelor's degree.