ACV vs RCV Insurance Policies in Texas – What Homeowners Need to Know
Explore the key differences between ACV and RCV insurance policies for Texas homeowners. Learn why policies are changing and how to ensure optimal coverage.
If you’ve recently received a letter from your insurance company about your roof coverage changing, you’re not alone.
Many Texas homeowners are being moved from RCV to ACV policies.
Let’s break it down.
📘 What Is RCV (Replacement Cost Value)?
RCV policies pay:
Full replacement cost
Minus deductible
Depreciation is recoverable
Example:
Roof replacement: $15,000
Deductible: $2,000
You receive full repair value after work is complete.
📕 What Is ACV (Actual Cash Value)?
ACV pays:
Depreciated value of roof
Based on age & condition
If your roof is 15 years old:
You may receive significantly less.
⚠️ Why Are Policies Changing?
Insurance companies in Texas are:
Reducing risk exposure
Tightening coverage on aging roofs
Increasing premiums
🧠 What Should You Do?
If your roof:
Has storm damage
Was damaged during full RCV coverage
Is under 15–20 years old
You may still qualify for full replacement benefits.
Each situation is unique.
📞 Insurance Roof Inspections in Waco
Artisan Roofing & Solar Central TX provides:
Policy review guidance
Storm damage documentation
Insurance claim assistance
Serving Waco and surrounding areas.