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Archive for March 2024

How Does Insurance Calculate Roof Replacement

insurance company will only cover a fraction of the roof replacement cost

So you’re in need of roof replacement, and you’ve filed an insurance claim. What’s next? Insurance companies determine payouts based on your roof’s cash value (ACV) or replacement cost value (RCV). The ACV is the depreciated value of your old roof. The RCV is the full cost to replace your roof with a new one…

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