Roofing Rcv Acv

The rcv replacement cost value in a roofing insurance claim is the total cost of repairs to be done. Therefore rcv is rcv as set forth above and acv is rcv minus physical depreciation. If your acv policy has a 2 000 deductible you pay that amount first then the insurance company pays the remaining 4 000 so if a new roof costs the same 10 000 you re responsible for 6 000 2 000 deductible 4 000 difference in cost.

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