Insurance 101: Coverage for Catastrophic Losses, Not Maintenance – Understanding ACV vs. RCV for Your Roof
Homeowner’s insurance is a vital safeguard for major losses, covering catastrophic events ratherthan everyday wear and tear. Understanding this distinction can help prevent misunderstandings and ensure your policy serves its intended purpose. What’s Covered vs. What’s Not Homeowner’s insurance protects against sudden, accidental events like fires, storms, or theft, but it doesn’t cover maintenance issues …
