Understanding Roof Insurance Payouts: ACV vs. RCV Policies Explained
Автор: Roofing Resource Channel
Загружено: 2024-11-26
Просмотров: 493
Confused about how insurance payouts work after your claim is approved? In this video, we break down the two main types of insurance policies: Actual Cash Value (ACV) and Replacement Cost Value (RCV). Learn how each policy determines your payout, including what depreciation means for your claim and how deductibles factor in. We also explain the step-by-step process for receiving payments from your insurance company based on your policy type.
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