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RCV vs ACV: What You Need to Know About Roof Insurance
🏠 Have you noticed that insurance companies are now pushing Actual Cash Value (ACV) for roof settlements? But what does ACV really mean for your claim? Unlike Replacement Cost Value (RCV), ACV factors in depreciation, which could lead to a lower payout. It’s crucial to understand these terms to make sure your coverage is up to par. Let's ...
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