RCV vs ACV Explained: Roof Insurance Claim Terms Homeowners Should Know

RCV and ACV are two roof insurance claim terms that can change how a homeowner understands their estimate. Here’s the plain-English version before you make a roofing decision. ACV means actual cash value: the value of your roof today after age and wear are subtracted. RCV means replacement cost value: the estimated cost to replace the damaged roof with similar materials. The confusing part is that many RCV policies may still start with a smaller first check because depreciation can be held back until the work is completed and documented. This video is general education, not legal or insurance advice. Policy details vary, so review your policy and speak with your insurance professional when needed. Lapeyre Roofing helps homeowners across the Northshore understand their roof options before they sign anything.