What this means for your claim
If your roof is hail-damaged and its ACV is $8,000 but its replacement cost is $15,000, then:
- Under an ACV policy, you receive $8,000 (minus your deductible).
- Under an RCV policy, you initially receive the actual cash value (the "holdback" portion is withheld until you complete repairs), then the depreciated amount is released once repair invoices are submitted.
Florida carrier patterns
Florida carriers frequently scope roof claims under ACV when the policy is RCV, pocketing the depreciation. This is the single most common form of roof claim underpayment we see. A public adjuster can force the full RCV if the policy supports it.