Roof Coverage: Full Replacement Cost or Actual Cash Value
Do you know what type of roof coverage insurance you have? With storm season upon us in Oklahoma, homeowners need to ask this question. Omega Insurance typically only hears this question when writing new business. Did you know the type of coverage you have on your roof can change at each renewal?
There are two different ways insurance companies value your roof:
- Replacement Cost Value (RCV)
- Actual Cash Value (ACV)
It’s important to educate yourself on the difference between the… Continue reading