Roof coverage is one of the most misunderstood parts of home insurance in Midland and Odessa.

A frequent question we hear:

“Why did my neighbor’s claim payout look different than mine?”

Often, the answer comes down to ACV vs. RCV coverage.

What Is Replacement Cost Value (RCV)?

RCV helps cover the cost to replace your roof with similar materials, without subtracting depreciation (subject to policy terms).

This generally provides stronger protection for newer roofs.

What Is Actual Cash Value (ACV)?

ACV factors in depreciation.

Older roofs may receive reduced payouts because age and wear are considered.

Example:
A 15-year-old roof will likely not be valued the same as a new one.

Why Are More Policies Moving to ACV?

Hail claims are common in Texas.

According to IBHS and regional storm data, hail activity in Texas contributes to higher claim volume, leading some carriers to adjust coverage structures.

Real-World Scenario

Two homes have similar storm damage.

Home A = RCV
Home B = ACV

Home A may receive more for replacement costs.
Home B may receive less due to depreciation.

This doesn’t make ACV “bad” — it just means understanding the difference is important.

Frequently Asked Questions

Is RCV always better?

It offers broader protection but may cost more.

Can I switch from ACV to RCV?

Sometimes, depending on roof age and carrier rules.

Does roof age matter?

Yes — very much.

Are all roofs eligible for RCV?

Not always.

Should I review this yearly?

Absolutely.

Local Trust

We help West Texas homeowners understand roof coverage before hail season arrives — not after a claim.

Need a coverage review?

📞 Midland: 432-694-0508
📞 Odessa: 432-332-6322
🌐 www.killebrewinsurance.com

Just honest guidance.