Glossary
Depreciation
Diminishment in property value due to age and wear. This value discounting is taken into account when adjusting for property insurance that covers loss an actual cash value basis. That is, Actual Cash Value equals Replacement cost minus depreciation.
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Glossary Words
Protection is our Profession
The history of The Agency is one of steady growth and today it is one of the largest insurance agencies north of Albany. We are very proud of our motto -
"Protection is our Profession" - and we plan to continue our tradition of unexcelled service to the business community and to the people of the North Country for many years to come.
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