actual cash value – Kandell Kandell and Petrie

Understanding Roof Insurance Policies in Louisiana: What You Need to Know

Roof damage is one of the most common issues homeowners in Louisiana face, especially due to the frequent storms, hurricanes and severe weather events that hit the state. As a homeowner, having a solid understanding of your roof insurance policy is critical to ensure you’re properly covered when disaster strikes. Unfortunately, many homeowners don’t fully

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What Do ACV and RCV Mean for Your Hail Damage Claim?

When filing a hail damage claim, understanding key insurance terms can significantly impact your compensation amount. Two important concepts that often come up in hail damage claims in Colorado are Actual Cash Value (ACV) and Replacement Cost Value (RCV). These terms dictate how your insurance company calculates the payout for repairing or replacing hail-damaged property. Here’s what