The best replacement for actual cash value is replacement cost.

The best alternatives to actual cash value are rated as following:
★★★★★  replacement cost
★★★  agreed value
★★  replacement value
★★  stated amount
★★  fair market value
★  replacement
★  functional replacement cost
★  replacement cost home insurance
★  agreed amount
★  total loss coverage
  replacement cost insurance
  replacement cost value
  retail value
  replacement cost homeowners insurance
  replacement costs
  replacement cost coverage

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actual cash value
replacement cost
agreed value