Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
Woodbridge, Ontario L4L 4G9
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Hours
Mon-Fri 9-4:30 EST
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The decline in value of property from any cause - such as use, wearing out, obsolescence, etc. Depreciation should be taken into account in all consideration of value, when arriving at the proper amount to be insured, or the amount of loss to be paid, unless insurance is on a valued or replacement cost form.
