Home Page RSS

Understanding Actual Cash Value & Wind/Hail Deductible for your Homeowner Policy

1. Save with Actual Cash Value (ACV) roof coverage.
     -ACV is the cost to repair or replace a roof, taking the age and general condition into consideration. This means if the roof of your home is damaged by wind or hail, the company will factor in the depreciation (wear and tear) of the roof. Similar to the value of your auto, roofs depreciate over time due to normal wear and tear, and exposure to elements.
2. Consider a separate wind/hail deductible.

Posted 12:22 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2015

View Mobile Version
Home Page Our Products Our Companies Online Service Center Insurance Resources Claims Payment Options Helpful Links Our Privacy Policy Contact Us Insurance Broker Sites by Insurance Website Builder RSS