[PeteKz]

"Actual cash value" is a very flexible term, in my experience. Insurers will typically use the value that one car dealer sells to another for cash, i.e., "wholesale." As any car valuation guide will show, that is substantially less than the price you would have to pay for a replacement car of equal make model, year, mileage, etc. as an individual retail buyer.

Whatever you choose for insurance, make damn sure you read the fine print and know what you will get if the car is declared a total loss. You want that to be enough to buy a replacement car of like kind in the retail market. Unless you are willing to accept some lower payout for a reduction in premium price.